Multiple Choice
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) It was made in the context of a bilateral contract that could only be accepted by the offeree's promise as consideration.
B) It was made in the context of a bilateral contract that could only be accepted by the offeree's performance as consideration.
C) It was made in the context of a bilateral contract that could be accepted by the offeree's promise or performance as consideration.
D) It was made in the context of a unilateral contract that could only be accepted by the offeree's promise as consideration.
E) It was made in the context of a unilateral contract that could only be accepted by the offeree's performance as consideration.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Forbearance is not sufficient consideration for a
Q3: Which of the following is true regarding
Q4: Which of the following is a correct
Q5: A court will enforce one party's promise
Q6: Promissory estoppel is the legal enforcement of
Q8: In a unilateral contract,the consideration for a
Q9: Courtney,who does not keep up with the
Q10: A promise to do something that you
Q11: Consideration is the thoughtfulness,as measured by an
Q12: In a unilateral contract,one party's consideration is