Bank Robbery

question 33

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.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.

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Definitions:

Adult Development

The psychological and physical changes that occur in humans as they age from early adulthood through old age, encompassing various domains such as emotional, cognitive, and social changes.

Power Center

A retail location consisting of a huge shopping strip with multiple anchor (or national) stores.

Regional Shopping Center

A retail location consisting of 50 to 150 stores that typically attract customers who live or work within a 5- to 10-mile range, often containing two or three anchor stores.

Strip Mall

A retail location consisting of a cluster of neighborhood stores to serve people who are within a 5- to 10-minute drive.