Comparative View of Public Promise of Reward

A public promise of reward occurs when an individual publicly promises a reward to an unspecified number of people, achieving a certain outcome. Nevertheless, further discussion is limited without considering the applicable law. Legislators address in different ways the arousal of promisor’s obligation, its nature, and the mechanisms of protection for the performer’s interests. The cause of these drastic differences lies in the legislator’s (dis)approval of a unilateral declaration of intent as a source of obligation. If it is acknowledged that a unilateral declaration of intent can obligate the declarant, a public promise of reward is considered a unilateral legal act. This interpretation is upheld in Germanic, Swiss, and Italian law. Conversely, in legal systems where this view is not accepted, the public promise of a reward is treated as an offer to form a contract. Notable examples of such legal systems are the English and French laws.

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Publication Details

Journal
Anali Pravnog fakulteta u Beogradu
Published
2024-09-28
DOI
https://doi.org/10.51204/anali_pfbu_24304a
Citations
1
Primary Topic
Law, Economics, and Judicial Systems
Type
article
Field-Weighted Citation Impact
1.13
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article

Comparative View of Public Promise of Reward

Ksenija Džipković
1 citations
Anali Pravnog fakulteta u Beogradu
Law, Economics, and Judicial Systems
1.13
article

Comparative View of Public Promise of Reward

Ksenija Džipković
article en
1 citations

Abstract

A public promise of reward occurs when an individual publicly promises a reward to an unspecified number of people, achieving a certain outcome. Nevertheless, further discussion is limited without considering the applicable law. Legislators address in different ways the arousal of promisor’s obligation, its nature, and the mechanisms of protection for the performer’s interests. The cause of these drastic differences lies in the legislator’s (dis)approval of a unilateral declaration of intent as a source of obligation. If it is acknowledged that a unilateral declaration of intent can obligate the declarant, a public promise of reward is considered a unilateral legal act. This interpretation is upheld in Germanic, Swiss, and Italian law. Conversely, in legal systems where this view is not accepted, the public promise of a reward is treated as an offer to form a contract. Notable examples of such legal systems are the English and French laws.

Anali Pravnog fakulteta u BeograduVol. 72(3)
Openalex Percentile: Top 11%
Law, Economics, and Judicial Systems
1.13
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Comparative View of Public Promise of Reward — Ksenija Džipković · Anali Pravnog fakulteta u Beogradu (2024) | TGRS Research Map | TGRS