1,Ken offers to pay Johnny $10.00 if Johnny will mow the lawn next Saturday and Johnny does not respond but mows the lawn and Ken pays Johnny $10. The contract is:

1. bilateral, executory
2. unilateral, executory
3. bilateral, executed
4. unilateral, executed

2,Buyer ordered goods from seller under the term "ship to" NYC.Buyer's place of business is in NYC, and seller's place of business is in San Francisco. Which of the following is the most accurate?

1. This is a destination contract
2. Buyer assumes the risk of loss during shipment
3. Seller assumes the risk of loss during shipment
4. Title to the goods transfers midway between NYC and San Francisco.

3,Pete said to Bob, "Next month I will give you that tractor."Bob responded, "Boy, I could use that old thing," then spent several hundred dollars for repairs. But one week after making the promise, Pete told Bob, "I changed my mind. I am selling the tractor to Carl." Which of the following is correct?

1. Since Bob provided no consideration, Pete's promise cannot be enforceable
2. Pete's promise was supported by consideration
3. Pete's promise may be enforceable in spite of the lack of consideration
4. Due to the satisfaction of the accord, there is a contract