On seeing Mrs. Truscott’s puppy fall into the river, Jared kicks

QUESTION

On seeing Mrs. Truscott’s puppy fall into the river, Jared kicks off his shoes, dives in, and rescues the dog. A grateful Mrs. Truscott promises to give Jared a $50.00 reward. Is this a valid contract or not? If not valid, what legal element is missing?

ANSWER

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