Reference no: EM13764484
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.
Identify population and sample proportions of uncomfortable
: Identify the population and sample proportions of uncomfortable days, using correct notation - Identify the given parameters, statistics and sample size.
|
What were the two main findings in the parc case
: What were the two main findings in the PARC Case and Why is a regular education teacher included in the IEP (Individual Education Plan) team
|
Database solutions
: Database solutions today must be able to adapt and integrate among various computing applications. Determine at least three forms of database connectivity methods that can be used as an interface between applications.
|
Ethics concerns in an international organization
: 1. What are some corporate risks that can destroy a company's strategic position? List several risks. 2. What are some ethics concerns in an international organization? Elaborate your answer.
|
Explanation of the supporting rationale
: Write a paper of 4-6 body pages that answers the following questions, including an in-depth explanation of the supporting rationale:
|
Templates-inheritance-vectors and exceptions
: You are the owner of a new business idea called the Roomba!!! You are trying to determine the best/most efficient algorithm to program for your Roomba operation. You want the Roomba to not only clean the entire floor, but in the fastest time possi..
|
Piracy and the law of the sea problem
: Should navies continue to patrol the area or should shipping companies hire private armed security?
|
The national aeronautics and space administration issue
: Discuss the mission(s) and research that the National Aeronautics and Space Administration (NASA) has made to this planet.
|
Criminal fraud versus civil fraud and taxation
: Imagine a situation in which a client under audit by the IRS omitted $100,000 in income. From the e-Activity, examine the major factors relative to the omission by the client that would result in a criminal investigation, rather than a civil fraud..
|