Which of the following statements accurately brings out the difference between bilateral and unilateral contracts?
A) Unilateral contracts call for actions, not promises, whereas bilateral contracts involve promises in exchange for promises
B) Bilateral contracts are implied, whereas unilateral contracts are explicitly expressed
C) Bilateral contracts come under the jurisdiction of common law, whereas unilateral contracts come under the UCC
D) Unilateral contracts are made in writing, whereas bilateral contracts are made orally
Answer: A
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