In a lawsuit between the bank and Ted regarding the reward funds,who is likely to prevail and why?
A) The bank is likely to prevail because Ted only provided past consideration.
B) The bank is likely to prevail because Ted had a preexisting duty to catch Victor.
C) The bank is likely to prevail because Ted's promise to catch Victor was illusory.
D) Ted is likely to prevail because his promise to catch Victor resulted in a binding bilateral contract.
E) Ted is likely to prevail because an enforceable unilateral contract exists based on his performance.

Question

Quizplus · Accepted Answer

If someone offers a reward for the capture of a suspect, the police officer may not collect it, as he or she was already obligated to apprehend the suspect.

In a Lawsuit Between the Bank and Ted Regarding the Reward