A Contract Is Bilateral Contract If the Offeror's Promise Is

question 22

True/False

A contract is bilateral contract if the offeror's promise is answered with the offeree's promise of acceptance.

---

Definitions:

Commercially Attractive

Refers to properties or qualities that appeal to business interests or harbor potential for economic gain.

Coal

A combustible black or brownish-black sedimentary rock used primarily as a source of energy.

Petroleum

A naturally occurring, yellowish-black liquid found beneath the Earth's surface, used primarily as a fuel source in its refined form.

Commercial Energy

Energy that is produced and sold for profit, including fossil fuels, nuclear, and renewable energy sources used in industrial, commercial, and residential settings.