• Card 48 / 54: Min, who is excited about his company's first six months of success, tells his employees, "If I think we are making enough profits by the end of the year, you'll all get bonuses." This is an example of
    A) a bilateral contract
    B) a unilateral contract
    C) a contract with legally-sufficient consideration
    D) an illusory contract

    Answer:
    D) an illusory contract

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Business Law MCQ Exam#2 BUS201

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Attribution:  Maureen Shellooe Miller. Open Course Library: BUS&201 Business Law. The Open Course Library. Washington State Board for Community & Technical Colleges, Jul. 2014. http://www.oercommons.org/courses/business-law-bus-201
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