Ask Question
10 March, 11:40

At the beginning of the race, Jack offers to pay anyone who can run a mile in one hour $100. Assuming someone runs a mile in one hour, Jack has entered into what type of contract?

+2
Answers (1)
  1. 10 March, 13:47
    0
    Exchange and Unilateral Contract

    Explanation:

    A unilateral is offer to the people of earning financial value in exchange of performing a particular task. The person Jack has announced the $100 reward for the person who will run a mile within one hour. This reward will be given to only those people who starts its performance and is a Unilateral contract. The semi done performance is not entitled for this reward and the only person eligible for this task would be the one who has completely performed the task.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “At the beginning of the race, Jack offers to pay anyone who can run a mile in one hour $100. Assuming someone runs a mile in one hour, Jack ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers