IDNLearn.com provides a user-friendly platform for finding and sharing accurate answers. Our Q&A platform offers reliable and thorough answers to help you make informed decisions quickly and easily.
The given scenario describes a unilateral contract in business where the promise of a [tex]$5,000 bonus is based on a specific condition.
Unilateral contract. In this scenario, the promise of the $[/tex]5,000 bonus is contingent on the first salesperson selling 10 vehicles, making it a unilateral contract. Only one party (the car dealer) is obligated to act upon the fulfillment of a specified condition (selling 10 vehicles).
https://brainly.com/question/2669219