On 24 April 2022 a 2M worth of jewellery was stolen from Adam and Sarah Knight in their London home. On 25 April 2022, Adam and Sarah placed an advertisement on a national London newspaper offering 100k for anyone with information leading to the conviction of the thieves. Later that day Avis informed Adam and Sarah that he has good information about the location of the thieves. Based on Avis' information, the thieves were arrested and subsequently convicted. When Avis requested for the reward of the100K, Adam and Sarah argued that their offer did not have a binding impact to form a valid contract. Discuss the relevant rules on the formation of a valid contract and advise Avis on whether Adam and Sarah are under an obligation to pay him the 100k reward?What is the outcome