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Question 1 Victor robbed Safe Bank of a signicant sum of cash. Safe Bank offered a reward of $10,000 for anyone who captured or provided

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Question 1 Victor robbed Safe Bank of a signicant 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 Etank officials that: he would apprehend Victor. Viihile 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 refused to pay either Ursula or Ted any oftfte reward money. In a lawsuit between the bank and Ted, regarding the reward funds, who is likely to prevail, and why? i I The bank is likely to prevail because Ted only provided past consideration. *I o The bank is likely to prevail because Ted had a preexisting duty to catch Victor. I o The bank is likely to prevail because Ted's promise to catch Victor was illusory. - I Ted is likely to prevail because his promise to catch Victor resulted in a binding bilateral contract. i o Ted is likely to prevail because an enforceable unilateral contract exists based on his performance

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