Explain-unilateral and executed contract


Scenario:Types of Contracts

Raj went to the Napa Valley Harvest Festival, where he stopped at Tina's booth where she was selling paintings of vineyards. Raj admired a painting of vineyards, which did not appear to be for sale. Raj said to Tina, "I will give you $200 if you give me that painting right now." Tina gave Raj the painting, and Raj gave her $200 in cash. This is an example of a contract that is:

a) Bilateral and executed.

c) Unilateral and executed.

b) Bilateral and executory.

d) Unilateral and executory.

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Business Law and Ethics: Explain-unilateral and executed contract
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