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.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 an illusory promise.
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 arose from his performance.

Question

Quizplus · Accepted Answer

A promise to do something that you are already obligated to do is not valid consideration.Ted,a police officer,has a preexisting duty to apprehend criminals.