(Answered) Most contracts are_unilateralbilateralMost contracts are_unilateralbilateral

➤ How do unilateral contracts work, and when are they used?
Unilateral contracts work by offering a promise that the offeror will pay or perform only after the offeree completes a specified act. Common examples include reward offers, public contests, and some indemnity promises. They are used when the offeror seeks performance rather than a return promise, and acceptance occurs automatically when the required act is finished.