Question

Bank robbery.

Victor robbed safe bank of a significant sum of cash. Safe bank offered a reward of $10,000 for anyone who captured or provided information leading to the capture of victor. Ted, a police officer in town, promised safe bank officials that he would apprehend victor. While on duty, ted arrested victor at a hamburger joint in town. He found victor based upon a hunch he had after ursula, who dated victor, told him about various places victor enjoyed eating. The bank refuses to pay either ursula or ted any of the reward money. Which of the following is true regarding the offer of the reward?
a. the bank is likely to prevail because ursula only provided past consideration.
b. the bank is likely to prevail because ursula was tainted by being victor's girlfriend.
c. the bank is likely to prevail because no valid bilateral contract existed.
d. ursula is likely to prevail because a valid bilateral contract existed.
e. ursula is likely to prevail because an enforceable unilateral contract exists based on her provision of information leading to the capture of victor.

Answer 1

E) ursula is likely to prevail because an enforceable unilateral contract exists based on her provision of information leading to the capture of victor.

Step-by-step explanation:

The bank pertained a unilateral contract that could be accepted by anyone that did not have a preexisting duty to catch victor, e.g. Ted is a police officer and his duty as a police officer s to catch criminals.

In this case Ursula is likely to prevail because she does not have a preexisting duty to catch Victor and she accepted the bank's unilateral contract and provided information that led to Victor's arrest.

A unilateral contract is a type of contract where an offeror (the bank) offers to pay some consideration to anyone that performs a certain action (provide information leading to Victor's arrest).