Subject: | |
From: | |
Reply To: | Academy of Legal Studies in Business (ALSB) Talk |
Date: | Sun, 19 Mar 2000 13:44:03 -0800 |
Content-Type: | text/plain |
Parts/Attachments: |
|
|
Well, Liz, please don't disgorge the candy
At 09:55 AM 3/20/2000 -0700, you wrote:
>Southwest Airlines automatically issues free ticket vouchers upon accrual
of sufficient mileage and these can be transferred to anyone. The
>charitable organizations I am involved with often get them donated and
then we raffle them because they can be used by anyone. So far, my
>university has not required us to turn them back in to the university, but
they also don't pay for the tickets until after the trip when we
>seek reimbursement -- I figure the free mileage/tickets are quid pro quo
for the financing that I provide. On the $12,000 trade show
>drawing, I think the intent of the donor has EVERYTHING to do with it. A
drawing that does not require any consideration to enter is just a
>gift, and I think that under gift law, the donor's intent is controlling.
However, given the content of the response by others in this
>group, I am prepared to disgorge the pencils, bookmarks, candy etc. that I
picked up from exhibitors at the meeting of the Southern Academy
>last week. Liz
>
>"Virginia Maurer (MAN)" wrote:
>
>> How do you transfer them? Are they transferrable? I've always tried
>> to use the ones accumulated through business travel (as opposed to
>> ones accumulated through credit card use or personal travel) for
>> business travel. But I always thought they were non-transferrable
>> except for some limited charitable causes and within ones immediate
>> family. I've heard of arrangements where businesses negotiated
>> deals for corporate travel that included these benefits accruing to
>> the business, but I always thought individual mileage accounts were
>> non-transferrable. Otherwise, yeah, I'd say they should belong to the
>> employer.
>
Frank Cross
Herbert D. Kelleher Centennial Professor of Business Law
CBA 5.202
University of Texas at Austin
Austin, TX 78712
|
|
|