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Identify components of a typical contract

The following scenario addresses potential contractual disputes involving Mary and Bob's claims to a reward. Please read carefully and respond to all of the following prompts:

The Police Commissioner is under pressure to solve a murder and offers $100,000 for information leading to an arrest and conviction of the culprit. Mary suspects her neighbor, Phoebe, is the guilty party and calls Bob, a friend and police officer, with her suspicions. When Bob visits Phoebe, she unsuccessfully resists arrest, though Bob is severely injured. Phoebe is ultimately convicted of the murder and assaulting Bob. Mary insists all the reward money belongs to her.

Is she right?

What is the policy consideration behind the relevant rule?

Do you agree with the policy?

Why or why not?

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