Question;1.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 TV 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 along 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 3?5-page paper that answers the following questions;What;are the four elements of a valid contract?;What;is the objective theory of contracts?;How;does the objective theory of contracts apply to this case?;In;your own words, why do you think the court held that there was not a valid;agreement here?;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?;2.Consider;the following statement;Drug;use is information that is rightfully private and only in exceptional cases can;an employer claim a right to know about such use.;Determine your stance on the issue of drug testing and;employee drug use, and in 3?5 paragraphs, write how you feel about the issue.;You;may use the following questions to help outline your response;Do;employers always have a right to know about employee drug use?;What;if the drug use has no effect on employee performance?;What;if the drug use constitutes a serious health risk?;How;would you (as a manager) address the issue of employee drug use?
Paper#51798 | Written in 18-Jul-2015Price : $27