Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

0.5 points Save Answer Doug sees his neighbour Frank bike to work every day on his unique custom painted bike. Frank's bike is stollen, and

image text in transcribed
0.5 points Save Answer Doug sees his neighbour Frank bike to work every day on his unique custom painted bike. Frank's bike is stollen, and he puts up flyers all around the neighbourhood advertising the lost bike and offering a $500 reward. Doug sees the flyers, and starts keeping an eye out for the bike. One day, Doug sees Frank's bike in a back lane looking discarded and kind of beat up. He picks up the bike and takes it back to Frank. Frank is overwhelmed with relief. Frank ends up not paying Doug. Which of the below is most accurate? (1 mark) O Doug can sue, as there was a unilateral contract formed here. Doug cannot sue, as past consideration is not good consideration. O Doug can sue, as this would be considered promissory estoppel. O Doug cannot sue, as there was no acceptance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Law Express Contract Law

Authors: Emily Finch, Stefan Fafinski

6th Edition

1292210125, 978-1292210124

More Books

Students also viewed these Law questions

Question

14. Now reconcile what you answered to problem 15 with problem 13.

Answered: 1 week ago