Examlex
Which of the following statements is false?
Bilateral Contract
A type of agreement involving two parties where each side promises to fulfill certain obligations to the other; a mutual exchange of promises.
Unilateral Contract
A type of contract in which only one party makes a promise or commitment in exchange for an act performed by the other party.
Illusory
Something that is misleadingly attractive or gives a false impression of reality.
Consideration
Something of value exchanged by the parties involved in a contract, making the agreement legally binding.
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