Examining Business Ethics: A Legal Case Analysis

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Introduction When running a business the owners need to consider the number of laws put in place to ensure their fairness. These laws commands and limits their manner of conducting business. A certain soft-drink company did not consider these laws when creating and shooting a commercial and their integrity was challenged in court. For this document, I will discuss the key legal factors of the scenario. I will explain the four elements of a valid contract and how they relate to the scenario. I will define the objective theory of contracts and how it relates to the scenario. I will explain my position about the judge’s ruling. I will explain whether or not an advertisement s actually considered an offer or not. I will explain how this case …show more content…

(Laws, 2015). A thought of actual intent by the acceptor does not constitute a valid contract and do not matter. Also the law of contract stops the carrying out of contract that are bizarre and impossible. Objective theory of contract is related to this case because the man took the soft-drink company seriously in their applied offer to supply a Harrier jet for earning seven million company …show more content…

I think that this man simply tested the soft-drink company to see if they were serious or not about their offer. I believe he had his doubts, but was determined to teach them a lesson and after his suspicions were confirmed he spiteful sue the company. According to the principle of objective theory a contract cannot be forced on a ridiculous offer “too good to be true.” In this case the judge and jury found that the offer of the Harrier jet was too good to be true (Laws, 2015). This means there was never an offer to agree upon, also meaning there is no contract or justified claim of

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