BMGT 380 Chapter Notes - Chapter 10: Pepsi Stuff, Rohm, Chubb Limited
30 Apr 2016
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Meram attended macdonald"s (a multimillionaire promoting his new book) presentation held by allianz (a billion dollar company) Macdonald assured the audience that one of them would walk out with million dollars if their business card was drawn and they stayed the entire time of the presentation. Meram"s card was drawn at the end of the presentation, but. Macdonald only gave him (for the first 100 years) and told him he would receive for the next million years. Meram filed an action for breach of contract against macdonald and allianz, seeking the remainder of the promised million dollars: history. The defendants moved to dismiss meram"s case for failure to state a claim: issues. Was there a valid contract created by macdonald during his presentation: holdings. D. 1. one could reasonably believe that the defendants would pay the promised sum. D. 2. the alleged offer is sufficiently definite to support formation of a contract: reasoning.
