Mick, a famous songwriter, lost his briefcase
last Friday. He is very upset, as his briefcase contains the lyrics of a new
song that Mick had written, called “Paint it White”. He advertises a reward of
$1,000 in a local newspaper for the return of his briefcase. Amy reads the note
in the newspaper and, the day after, finds the briefcase and returns it to
Mick.
Which of the following statements is CORRECT ?

Question

Mick, a famous songwriter, lost his briefcase
last Friday. He is very upset, as his briefcase contains the lyrics of a new
song that Mick had written, called “Paint it White”. He advertises a reward of
$1,000 in a local newspaper for the return of his briefcase. Amy reads the note
in the newspaper and, the day after, finds the briefcase and returns it to
Mick. 
 Which of the following statements is  CORRECT ?

Answer

The reward is not enforceable, as newspaper
advertisements are never offers.

Answer

Mick is legally bound to pay the $1,000: finding and
returning the briefcase to Mick would constitute acceptance of the offer.

Answer

The reward is not enforceable, as Mick has not
communicated his offer of the reward to Amy.

Answer

These kinds of contracts are not enforceable, as
there is no clear agreement between the parties.

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Mick, a famous songwriter, lost his briefcase last Friday. He is very upset, as ...

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