Pepsi Cola ran an advertising campaign "Drink Pepsi, Get Stuff." If consumers collected enough caps from Pepsi products, they could redeem them for merchandise.On the print ad was the picture of a Harrier jet, a military aircraft that costs over a million dollars.Bob put together a group of investors, collected about $350,000 worth of Pepsi caps, and demanded his jet.What will be the critical issue as to whether there is an enforceable contract?
A) Did Bob really think the ad was an offer?
B) Did Pepsi really mean for the ad to be an offer?
C) Would a reasonable person given all the circumstances have assumed the ad was an offer?
D) All of the above are correct.
Correct Answer:
Verified
Q1: A contracts with B to drive the
Q2: At common law, an acceptance must be
Q4: Most state statutes provide that contracts fully
Q5: A voidable contract is
A) unenforceable.
B) always bilateral.
C)
Q6: In most situations, remaining silent or inaction
Q7: Contract law rapidly developed as courts responded
Q8: The Uniform Commercial Code covers only commercial
Q9: The common law writ of assumpsit was
Q10: A phoned B and offered to sell
Q11: Jill says to Ben, "I offer to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents