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In a Lawsuit Between the Bank and Kareem Regarding the Reward

Question 24

Multiple Choice

In a lawsuit between the bank and Kareem regarding the reward funds,who is likely to prevail and why?


A) The bank is likely to prevail because Kareem's promise to catch Victor was illusory.
B) The bank is likely to prevail because Kareem had a preexisting duty to catch Victor.
C) Kareem is likely to prevail because his promise to catch Victor resulted in a binding bilateral contract.
D) The bank is likely to prevail because Kareem only provided past consideration.
E) Kareem is likely to prevail because an enforceable unilateral contract exists based on his performance.

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