Melanie is entitled to be compensated for her efforts

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Reference no: EM133856161

Question

Jake lost his wallet and put an ad in the online student newspaper saying "Lost wallet. Reward $100. Call Jake." Melanie, a classmate of Jake's, saw the ad, and spent two days looking for the wallet, missing three classes. Jake later found his wallet in the student parking lot. When Jake found out about all the work Melanie had done, he thanked her, but didn't give her $100 or anything for her troubles. Which of the following is true of this situation? Jake offered a bilateral contract, and Melanie is entitled to be compensated for her efforts. Jake offered a unilateral contract, and Melanie is entitled to nothing because she did not perform. Jake offered a unilateral contract, and Melanie is entitled to be compensated for her efforts. Jake offered a bilateral contract, and Melanie is entitled to nothing because she did not perform.

Reference no: EM133856161

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