TBK art.7-8: A person's promise of a reward made through a public announcement is binding.
Typical Examples
- Reward for finding lost items
- Reward for the winner of the competition
- Reward for those who provide information
- Advertising competitions
Conditions
- Public announcement
- Specific result (finding goods, answering questions)
- Winning conditions are clear
Right of Withdrawal
- With announcement before the work is completed
- Compensation for those who work in good faith
Multiple Suitors
- The first one to do it wins
- Judge's discretion if done at the same time
- Equal distribution possible
Supreme Court 13. HD
13. HD accepts that the promise of a reward has a "contractual nature" and that failure to pay is a breach of contract.
Debts lawyer is recommended.