Question

Clay offers to pay Dot $50 for a golf lesson for Eula. They agree to meet the day after tomorrow to exchange the cash for the lesson. These parties have ___________.

A. a bilateral contract.
B. a trilateral contract.
C. a unilateral contract.
D. no contract.

Answer 1

A. a bilateral contract

Step-by-step explanation:

Based on the information provided within the question it can be said that these parties seem to have a bilateral contract with each other. This type of contract refers to an agreement between two separate parties where both agree to all the requirements set forth on each side of the contract. Which in this case Clay pays $50 to Eula and in exchange Eula agrees to give Clay a golf lesson.