Sarah just bought a new house however it needed some repairs. She received an advertisement in her mailbox around a local painting service. Understanding that the house could use a fresh coat of paint she called the painting service for an estimate. Kym a painter for the company came over a few days later as well as looked at the house. Kym told Sarah that it would cost around $300 to paint the house. Sarah supposed that this quote was a bit high and offered $200 for the job. Kym agreed to the $200 and the two ladies shook hands.
Question- Was this a bilateral or unilateral contract? Describe who was the offeror and the offeree in this scenario? Why?