Illustrate unilateral contract

Question

Illustrate unilateral contract?

Answer 1

In a unilateral contract, the offer is accepted by performing one or more acts required by the terms of the offer. For example, the purchaser of a preventive medicine accepts the manufacturer’s offer of a money-back guarantee simply by purchasing the product. There is no expectation of formally communicating an acceptance to the manufacturer. The obligation now rests with the manufacturer to perform its part of the bargain.