Day 5 – Unilateral Contract
Definition: A contract where only one party makes a promise, and the other accepts by performing a specific act.
Example: A retailer announces a £300 reward for information leading to the recovery of valuable Christmas stock that went missing. The offer is accepted only when someone provides the information and fulfils the required conditions.
Case law: Carlill v Carbolic Smoke Ball Co [1893][1]
[1] Carlill v Carbolic Smoke Ball Company [1893] 1 QB 256






