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What legal element is missing

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Reference no: EM131643664

On seeing Mrs. Truscott's puppy fall into the river, Jared kicks off his shoes, dives in, and rescues the dog. A grateful Mrs. Truscott promises to give Jared a $50.00 reward.

Is this a valid contract or not? If not valid, what legal element is missing?

Reference no: EM131643664

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