Lawful Contracting.
Date Submitted: 09/10/2006 03:32:52
Category: / History / European History
Length: 4 pages (1122 words)
Category: / History / European History
Length: 4 pages (1122 words)
Write a 1-2 page executive summary answering the following questions:
1. What are the four elements of a valid contract?
2. Describe the objective theory of contracts. How does that theory apply to this case?
3. Why do you think the court held that there was not a valid agreement here?
4. Are advertisements generally considered offers? Why or why not?
5. How does this case differ from a reward situation, where a unilateral contract is formed upon completion of …
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…or commercial ads. It seems as though this did nothing but cause a lot of confusion, misunderstanding, and not to mention, a lawsuit. To prevent this from happening ever again, I would hope that PepsiCo evaluate every future ad to make sure that everything is clear and the ability to misread or misunderstand anything is omitted.
Reference:
Cheeseman, Henry R. Contemporary Business and Online Commerce Law (5th Edition) Upper Saddle River, NJ Pearson Prentice Hall
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