As part of an advertising campaign, a plane flew over the beach in Ocean City trailing a banner that read: "Boardwalk Bistro will give $100 to the first person to swim from the inlet at 1st Street to Bistro's at 33rd street." Daisy was a very strong swimmer and accepted the challenge. When she got to 25th Street, however, the plane appeared again with a banner that read: "Bistro withdraws its offer." Bistro's first banner had contained an offer to form a(n) __________ contract.

a. Unilateral
b. Bilateral
c. Implied in fact
d. Illusionary

Answer: a. Unilateral

Business

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Customers in the mainstream market are ________

A) less dependent on what others think than are most people B) less willing to put up with less-than-complete solutions C) more knowledgeable than the average customer D) less price sensitive than the average customer E) the first set of buyers for a new product or service

Business

A party injured in an auto accident has filed a lawsuit for negligence against the driver who caused the accident. The complaint details the duty of care, breach, and causation. What is missing?

A) Damages B) Comparative negligence C) Contributory negligence D) Proximate theory

Business