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This week we discuss bilateral and unilateral contracts. Suppose that I tell you that I will pay you $1,000 if you paint my fence by
This week we discuss bilateral and unilateral contracts.
Suppose that I tell you that I will pay you $1,000 if you paint my fence by November 1.
Now suppose that:
- You paint the fence by November 1, but I don't pay you.You sue me for $1,000.Who will win?Why?
Now suppose that:
- You do not paint my fence by November 1, so I find another painter who charges me $1,200.I sue you for $200.Who will win?Why?
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