Question
One afternoon you find a notebook filled with incomprehensible mathematical notations outside the Faculty of Business building and, realizing that it belongs to a professor
One afternoon you find a notebook filled with incomprehensible mathematical notations outside the Faculty of Business building and, realizing that it belongs to a professor in the Philosophy Department whose name is on the cover, you put it under the door of her office with a note telling him that you found it. That night, on the eleven o'clock news, you see an interview with the professor who is telling the reporter that she has lost the notebook in which she had worked out the meaning of life, and you hear her offer $10,000 for its safe return. Can you successfully claim the reward? In the context of Contract Law, which of the following is true?
A. The $10,000 was valid consideration that you could successfully claim.
B. The TV interview was an invitation to Treat The TV interview was a valid offer and by returning the book you have accepted it.
C. As there was no valid signatures on a contract. There is no binding agreement
D. The return of the notebook was a gratuitous gesture. There was no consideration. There is no valid agreement
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