In the featured case Leonard v PepsiCo recall that Leonard saw a television ad

In the featured case leonard v pepsico recall that

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In the featured case Leonard v. PepsiCo, recall that Leonard saw a television ad in which a student landed a Harrier Jet at his high school, and a subtitle indicated that the cost of the jet was "7 million Pepsi Points". The plaintiff then sought to acquire 7 million Pepsi Points and to require Pepsi to hand over the plane. The appellate court decided that…Pepsi had not made an offer, and no contract existed.Leonard had not accepted the offer, and no contract existed.There was no consideration to support deal, so no contract existed.A contract existed, and Pepsi was obligated to acquire a Harrier Jet for Leonard.A contract existed, and Leonard was entitled to damages but not a Harrier Jet.Consider the following timeline, and apply the mailbox rule to it.
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June 1—Y receives an offer in the mail from X.June 2—Y mails letter of rejection.June 3—Y changes his mind and at 10 a.m. calls X on the telephone and accepts the offer, telling X to disregard his letter of rejection.June 4—X receives letter of rejection.Do X and Y have a contract?Fran owes SmithCo. $10,000. The state where she and the company are located has a 4 year statute of limitation on collecting the kind of debt she has. She does not have the money and does not pay, and 5 years passes.
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  • Spring '08
  • BREDESON
  • United States Congress, Gonzales v. Raich, harrier jet

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