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7 December, 01:27

Clay offers to pay Diane $50 for a golf lesson for Ewan. They agree to meet on Friday to exchange the cash for the lesson. These parties have made a bilateral contract. a unilateral contract. a void contract. an executive contract.

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  1. 7 December, 01:47
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    Bilateral contract.

    Explanation:

    Bilateral contract: It is a legally binding contract between two or more parties, wherein each party agree to fullfil the promise made to each other.

    There are four elements necessary for the existence of a bilateral contract:

    Agreement. Consideration. Intention to create legal relations. Certainty.

    In the given case, Clay offers to pay Diane $50 for a golf lesson for Ewan, which they are fulfilling by agreeing to meet on Friday to exchange the cash for the lesson. Therefore, these parties have made a bilateral contract.
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Home » Business » Clay offers to pay Diane $50 for a golf lesson for Ewan. They agree to meet on Friday to exchange the cash for the lesson. These parties have made a bilateral contract. a unilateral contract. a void contract. an executive contract.
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