Question

Ed advertises a reward for the return of his lost dog. Flo, who does not know...

  1. Ed advertises a reward for the return of his lost dog. Flo, who does not know of the reward, finds and returns the dog. Is Flo entitled to the reward?

  1. Yes, because a unilateral contract has been formed.
  2. Yes, because a bilateral contract has been formed.
  3. No, because Flo did not know about the reward.
  4. No, because all contracts must be in writing.
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Answer #1

Ans C) No, because Flo did not know about the reward.

Since Flo did not know about the reward, and no contract between both the parties came into existence, therefore Flo is not entitled to the reward.

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