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Reply To: | Academy of Legal Studies in Business (ALSB) Talk |
Date: | Tue, 30 Oct 2007 11:51:31 -0700 |
Content-Type: | text/plain |
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It is a classic offer of a unilateral contract. The benefit runs to taco
bell which hopes to sell things in addition to the free taco that can be
collected.
On 10/30/07 11:15 AM, "Susan Park" <[log in to unmask]> wrote:
> I just taught consideration in class today!
>
> Here's another idea - consideration doesn't have to come from the
> person who's receiving the benefit under the contract. So if the
> baseball player steals a base - (assuming the player isn't otherwise
> legallly obligated to steal the base) is that valid consideration given
> in exchange for the taco?
>
> Susan Park
> Special Lecturer, Legal Studies in Business
> College of Business & Economics
> Boise State University
> Boise, ID 83725
> (208) 426-3070
>
>
>>>> Terence Lau <[log in to unmask]> 10/30/2007 11:49 AM
>>>>
> A student asked me today if Taco Bell's free taco giveaway from 2 pm to
> 5
> pm today is a contract or a gift (see
> http://mlb.mlb.com/mlb/fan_forum/tacobell/). My initial read is that
> this
> is a gift, since consumers have provided no consideration for the free
>
> taco (the free tacos are conditioned on a base being stolen in the
> World
> Series). It's also not a contract because promotional materials such
> as
> advertisements are not offers to contract. On the other hand, driving
> to
> a taco bell and waiting in line may be consideration, and is certainly
>
> legal detriment. Additionally, in looking at the terms and conditions
> of
> the promotion, I dare say that Taco Bell may have created a contract,
> because the T&C include language such as "by participating, consumers
> agree..." and including waiver of liability, which is adequate
> consideration to support a contract. Does anyone else have a different
>
> read on this? My take is that Taco Bell is offering a unilateral
> contract
> and must perform by giving away free tacos, subject to the limitations
> it
> has imposed in its T&C (limit one per customer, management can refuse,
>
> etc.)
>
> _____
> Terence Lau
> Assistant Professor, Business Law
> Management and Marketing Department
> University of Dayton
> [log in to unmask]
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