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Florida Real Estate Exam

Category - Florida

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A hurricane uproot several big trees on Mike Miser's property in Miami, he offers to pay $200 to whoever will clear his property of the trees and debris. This is an example of a/an:

Implied contract.
Bilateral contract.
Unilateral contract.
Executed contract.

Explanation

Answer C - This is a unilateral contract because only Mike Miser is obligated.

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