BMGT 380 Lecture 10: 380-10 cases.docx

• School: University of Maryland
• Department: Business and Management
• Course: BMGT 380
• Professor: Reyna

Document Summary

Allianz sales invites frank meram to meet robert macdonald at a presentation for his book, cheat to win. Billionaire started as insurance agent and bout lifeusa from allianz. Said someone will win 1 mill if choose card at end of presentation. Merams and he says he gets 1 dollar a year for a million years - gave for the first 100 years (come to a presentation each year to claim) Breach of contract but dismissed for failure to state a claim. Defendant must communicate to plaintiff he is willing to enter contract. Plaintiff has to reasonably conclude that a contact could result if he accepted the offer: said he couldn"t reasonably assume because too good to be true. He was a multi-millionaire, allianz was a billion dollar company, had financial means. Mentioned offer twice (elaborated: meram alleged offer and terms. Defendants also say too vague (fail to identify who wins)