Examlex

Solved

A Lottery Is an Example of an Offer for an Unilateral

question 23

True/False

A lottery is an example of an offer for an unilateral contract.


Definitions:

Clothing Market

The economic sector or industry that deals with the manufacture, distribution, and sale of clothing and apparel.

Blu-ray Players

Electronic devices designed to play Blu-ray discs, providing high-definition video and audio playback.

Law of Demand

A principle stating that, ceteris paribus, there is an inverse relationship between the price of a good or service and the quantity of it that consumers are willing to purchase.

Quantity Purchased

The total number of units bought of a particular good or service.

Related Questions