In the case of a unilateral contract, the reward forms the offer, which is accepted by any member of the public, either by word or by action. For instance, if A were to reward the finder of his dog with $500, any person who brings the said dog to A gets his $500. There is a valid offer, which is accepted (finding the lost dog), and the contract is sealed. However, in this case, it is just an inducement to boost sales and not really intended to be an offer to swap a $23 million jet for $700,000 worth of PepsiCo Points.
How does the Leonard v. PepsiCo, Inc., case differ from a reward situation, where a unilateral contract is formed upon completion of the requested act?
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Academic.Tips. (2022) 'How does the Leonard v. PepsiCo, Inc., case differ from a reward situation, where a unilateral contract is formed upon completion of the requested act'. 5 July.
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Academic.Tips. (2022, July 5). How does the Leonard v. PepsiCo, Inc., case differ from a reward situation, where a unilateral contract is formed upon completion of the requested act? https://academic.tips/question/how-does-the-leonard-v-pepsico-inc-case-differ-from-a-reward-situation-where-a-unilateral-contract-is-formed-upon-completion-of-the-requested-act/
References
Academic.Tips. 2022. "How does the Leonard v. PepsiCo, Inc., case differ from a reward situation, where a unilateral contract is formed upon completion of the requested act?" July 5, 2022. https://academic.tips/question/how-does-the-leonard-v-pepsico-inc-case-differ-from-a-reward-situation-where-a-unilateral-contract-is-formed-upon-completion-of-the-requested-act/.
1. Academic.Tips. "How does the Leonard v. PepsiCo, Inc., case differ from a reward situation, where a unilateral contract is formed upon completion of the requested act?" July 5, 2022. https://academic.tips/question/how-does-the-leonard-v-pepsico-inc-case-differ-from-a-reward-situation-where-a-unilateral-contract-is-formed-upon-completion-of-the-requested-act/.
Bibliography
Academic.Tips. "How does the Leonard v. PepsiCo, Inc., case differ from a reward situation, where a unilateral contract is formed upon completion of the requested act?" July 5, 2022. https://academic.tips/question/how-does-the-leonard-v-pepsico-inc-case-differ-from-a-reward-situation-where-a-unilateral-contract-is-formed-upon-completion-of-the-requested-act/.
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"How does the Leonard v. PepsiCo, Inc., case differ from a reward situation, where a unilateral contract is formed upon completion of the requested act?" Academic.Tips, 5 July 2022, academic.tips/question/how-does-the-leonard-v-pepsico-inc-case-differ-from-a-reward-situation-where-a-unilateral-contract-is-formed-upon-completion-of-the-requested-act/.