Zsa Zsa Hilton a wealthy socialite living in Beverly Hills w

Zsa Zsa Hilton, a wealthy socialite living in Beverly Hills, was frantic. Her best friend in the world was her pet poodle Caboodles, and Caboodles had been missing for three (3) days. Having searched her estate exhaustively, Zsa Zsa decided that her next best option was to post a reward for her beloved Caboodles.

Zsa Zsa carefully prepared a poster advertising a reward for the return of her pet. The heading of the poster exclaimed “Please find Caboodles—Reward--$25,000!!!” Below the heading was a color “glamour shot” of the animal and Zsa Zsa’s contact information, including her address and cell phone number. After soliciting the assistance of her butler, her maid, and her best friend Eva Ritchie, Zsa Zsa displayed and distributed one thousand of the posters throughout the greater Beverly Hills metropolitan area.

Later in the week, Dane “Bulldog” Sheppard showed up at Zsa Zsa’s front door. When she answered the door chime, Dane said “I am pleased to meet you, Ms. Hilton. I saw your ad for the return of your lost poodle, and I am your man. I will find him, Ms. Hilton, and let me say in advance that I really appreciate the $25,000 bounty, um, reward money!”

Is there a contract between Dane “Bulldog” Sheppard and Zsa Zsa Hilton?

Solution

A contract is a set of legally enforceable promises and theelements required for a contract formation are:

Agreement, consideration, contractual capacity and legal object

The problem with Zsa Zsa is that there is a lack of proper form requirements, she just posted thousands of posters offering $25,000 however what Zsa Zsa meant is that she will provide the money once Caboodles is brought back home. This does seem like an informal contract but it was misunderstood, there fore there is no contract yet.

If Dane Sheppard brings Caboodles back then they will have a contract that is the requirement that needs to meet