In a Newspaper Ad, Ryerson Offered a $100 Reward for the Return

question 28

Essay

In a newspaper ad, Ryerson offered a $100 reward for the return of her diamond bracelet. Early found the bracelet, read the ad, returned the bracelet to Ryerson, and claimed the reward. Does a contract exist between Ryerson and Early? Explain.

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Definitions:

U.S. Dollar

The official currency of the United States, which is also used as a standard monetary unit for international transactions.

Russian Merchandise

Goods or products that originate from Russia, which can range from traditional handicrafts to industrial products.

U.S. Importer

An individual or business entity that brings goods or services into the United States from foreign countries for sale or use.

U.S. Dollar

The official currency of the United States, used as the primary medium of exchange in the US and other areas.