Maine Notice of Reward for Return of Lost Article

State:
Multi-State
Control #:
US-00947BG
Format:
Word; 
Rich Text
Instant download

Description

A reward has been defined as compensation, usually in the form of a sum of money, offered by the government or an individual to the public generally, in return for the performance of special or extraordinary services. An offer of reward is usually addressed to the world at large and the method of publication, such as by newspaper advertisements, circulars, handbills or proclamation, has no effect on its validity.

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FAQ

If someone publicly offers a 500 dollar reward for return of their lost dog, can he be sued if he doesn't pay it? Yes. A publicly made offer to pay for the return of X is what's called a contract of reward.

Actually the person who claims the reward could sue you. You'd have no proof that the person calling is actually the thief but they could produce one of your posters to show you offered a reward. That is considered a type of binding contract you...

You have created a legal contract with the offer of the reward in exchange for your missing item. Legally, you must pay the reward.

If you offer a reward, you are agreeing to pay a sum of money if a person's actions lead to the requested result. That means that anyone who complies with the terms of the offer can be legally entitled to claim the reward and can sue for its recovery.

A recompense or premium offered by government or an individual in return for special or extraordinary services to be performed, or for special attainments or achievements, or for some act resulting to the benefit of the public; as, a reward for useful inventions, for tlie discovery and apprehension of criminals, for ...

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Maine Notice of Reward for Return of Lost Article