scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 744
Issues Regarding Contracts This summary includes vital information concerning issues regarding contracts for informational purposes relating to that of an idea presented to the City Council by the Mayor of Bigtown to create an advertising campaign staging a false auction on eBay of the City of Bigtown in hopes to boost tourism rates Background information involving similar circumstances would be that of Leonard vs PepsiCo 1999 In short PepsiCo thought no one would take them seriously when they offered to give away a Harrier Jet worth approximately 23 million dollars in their televised advertising campaign for purchasing Pepsi products They were wrong considering a man by the name of John DR Leonard took the joke to heart and went about collectingpurchasing the required points for the jet When PepsiCo did not honor his wishes of giving him the jet he took them to court Mr Leonard lost his case based off of the fact that first and foremost an advertisement is not a contract it is merely an offer to purchase products Secondly per the Objective Reasonable Person Standard stated by Kimba M Wood District Judge for the United States District Court Southern District of New York 1999 In evaluating the commercial the Court must not consider defendants subjective intent in making the commercial or plaintiffs subjective view of what the commercial offered but what an objective reasonable person would have understood the commercial to convey Meaning that if in general a person would view the commercial as a joke then there is no implied contractual obligation To address the first reason in greater detail it is important to know what a valid contract consists of and it must be stated that wording of contracts will change depending on State and County laws The four basic requirements for a contract to be valid Cheeseman 2003 pg 205 are mutual assent of the parties involved agreement a paidbargained for transaction consideration the mentalphysical and legal
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA