Question: Ace Ltd was facing difficulties in developing the software for its new internet services Brag.com. The time for delivering the services was May 1, 2020.

Ace Ltd was facing difficulties in developing the software for its new internet services Brag.com. The time for delivering the services was May 1, 2020. Ace Ltd placed the following notice in the January edition of the company journal; "Rs 100,000 reward will be given to any employee who can design a solution to the Brag.com problem before 1st April" 7.5 The journal was distributed among the employees of Ace Ltd. Cid, a self employed computer expert, who was a spouse of an employee of Ace Ltd. Read the journal and started working solving the problem. Ed, a computer expert employed by Ace Ltd, but not involved with the Brag.com project saw the advertisement and started working on it. Before anyone could solve the problem, Ace Ltd decided to cancel the Brag.com project and placed a note in the March edition of its journal cancelling the reward for recovering the Brag.com problem. Required:

Analyze the scenario from the perspective of Law of Contract and advise Cid and Ed, each of whom managed to solve the Brag.com problem after the cancellation of the reward but before the original deadline.

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