What are the key legal factors present in the scenario

Assignment Help Other Subject
Reference no: EM131271028

Apply legal fundamentals to respond to potential legal problems in a business

Assess effective responses to potential legal dilemmas in a business

Describe the changing perspectives for businesses based on ethical, global, political, economic, social, and environmental issues

Classify various legal issues, recall appropriate principles of law, and apply them to business situations

Explain how an international company can take protective measures to protect themselves or their businesses from legal liability

In 1999, a Seattle man took a popular soft-drink company seriously when one of its commercials made an offer of a Harrier jet, the famous high-tech jump jet used by the U.S. Marines. In a television commercial that aired in 1995, the company jokingly included the Harrier as one of the prizes that could be received with a mere 7 million company points. Although that sounds like a lot of points to get from drinking the soft drink company's products (roughly 190 drinks a day for 100 years), the company also allowed customers to purchase points for 10 cents each.

The man did the math and discovered that the cost of the 7 million points needed for the jet was $700,000. He then put together a business plan, raised the $700,000 from friends and family, and submitted 15 points, the check, and an official order form with a demand for the Harrier jet.

The company wrote back, stating that the Harrier jet in the commercial was simply used to create a humorous and entertaining advertisement. They apologized for any misunderstanding or confusion people may have experienced and enclosed some free product coupons.

The free coupons did not satisfy the man, who then took the soft drink company to court. Finally, a federal judge for the Southern District of New York held that the company was only joking when it implied in its ad that it was giving away fighter jets. The judge noted that because the jets sell for approximately $23 million, no one could have concluded that the commercial actually offered consumers a Harrier jet. Instead, this was a classic example of a deal that was too good to be true.

Write a paper of 4-6 body pages that answers the following questions, including an in-depth explanation of the supporting rationale:

  • What are the key legal factors present in the scenario?
  • What are the 4 elements of a valid contract? How do they relate to the scenario in question?
  • What is the objective theory of contracts?
  • How does the objective theory of contracts apply to this case?
  • In your own words but based on research and analysis of relevant legal concepts and cases, why do you think the court held that there was not a valid agreement in this scenario? Provide support for your position.
  • Are advertisements generally considered offers? Explain.
  • How does this case differ from a reward situation in which a unilateral contract is formed upon completion of the requested act?
  • What recommendations (at least 2) would you make for a company considering an aggressive marketing campaign with giveaways of high value items? Explain the rationale behind each recommendation.

Your submitted assignment (200 points) must include a Word document of 4-6 body pages that contains your answers to the questions listed and a reference list of any sources that you used within your paper (cited properly in APA format).

Reference no: EM131271028

Questions Cloud

Give journal entries for the transactions 2016 : Give Journal entries for the Credit transactions - List the debit and credit entries for the transactions and Journalize the transactions
Effective communication in the healthcare organization : In your opinion and based on what you learned this week, summarize what you believe is effective communication in the healthcare organization. Suggest how you would enforce this communication among all types of personalities?
Relationships between price and quantity in supply-demand : What other factors impact the relationships between price and quantity in supply and demand? Which factors are more influential?
How to put a campaign into practice : There are a number of practical issues when considering how to put a campaign into practice. Discuss these in relation to the case.
What are the key legal factors present in the scenario : Write a paper of 4-6 body pages that answers the following questions, including an in-depth explanation of the supporting rationale: What are the key legal factors present in the scenario? What are the 4 elements of a valid contract? How do they rel..
Health care organization and policy : If anyone can help me in answering the essay response question, I will be eternally grateful. I've spent hours researching the ACA but the sheer volume of information is overwhelming and I don't know how to start.
Long run total cost function : A competitive rm has a long run total cost function c(y) = 3y2 +243 for y > 0 and c(0) = 0.
Comment on the idea of advertising as an investment : Discuss the logic behind pre-, concurrent and post-testing within advertising.- Comment on the idea of advertising as an investment not a cost in relation to building brands.
Environmental consulting services worldwide : Sevilla Consulting offers environmental consulting services worldwide. The managers of branch offices are rewarded for superiorperformance with bonuses based on the economic value that theoffice adds to the company. Last year's operating results f..

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd