Case Study – Formation of Unilateral Contracts – Carlill vs Carbolic Smoke Ball

Description

In this episode of “IAX World of Contracts,” we explore the famous case Carlill v. Carbolic Smoke Ball Co. (1893), which established the principle of unilateral contracts and clarified how public advertisements can create binding legal obligations if the terms are clear and specific. This episode delves into how businesses can manage risk when crafting public offers and how consumers can hold companies accountable for the promises they make.

This episode is ideal for:

• Contract managers focused on creating clear offers and avoiding unintended liabilities.
• Business professionals looking to understand how public offers can become binding contracts.
• Legal professionals interested in the formation of unilateral contracts and the impact of advertisements on contract law.

By the end of this episode, you’ll understand the key principles of unilateral contracts, how Carlill v. Carbolic Smoke Ball Co. continues to influence modern law, and how businesses can protect themselves through careful contract drafting.