Unilateral Contract in United Kingdom

Unilateral Contract in Contract Law

According to Questions & Answers Law of Contract: Law Revision and Study Guide (Law Questions & Answers, Oxford University Press), by Adrian Chandler and Ian Brown, Unilateral Contract may have the following meaning: A contract in which one party (the promisor) undertakes to do or refrain from doing something if the other party (the promisee) does or refrains from doing something, but the promisee does not undertake to do or refrain from doing that thing. An example of a unilateral contract is one in which the promisor offers a reward for the giving of information. Compare bilateral contract.

Definition of Unilateral Contract

A contract which involves one party setting out the terms.