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legal This case is an example of an offer of a unilateral contract, though the court did not identify it as such. Through such an
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This case is an example of an offer of a unilateral contract, though the court did not identify it as such. Through such an offer, the offeror promises to pay the offeree a sum of money if the offeree performs the requested act. For example, a company might offer a $200 reward to anyone who finds a missing laptop computer. Unlike the ordinary business contract, where both parties have obligations, in the unilateral contract only the offeror is bound because the offeree can perform the requested act -find the laptop or not. He has no obligation even to try. If he does find the computer and returns it, the contract is complete, and the offeror is contractually required to pay. For obvious reasons, this kind of offer typically does not require people who decide to look for the computer to advise the company of their intention to do so. From the company's perspective, it is enough to hear from the person who actually finds the computer. Why do you think unilateral contracts would be rare in the business worldStep by Step Solution
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