Gathering of financial representatives


Assignment:

The plaintiff attended a presentation by Jones at a gathering of financial representatives. At the presentation, Jones invited attendees to put their business cards in a basket for a drawing and stated that the person whose card was drawn and who stayed for the entire presentation would "leave with a million dollars." Mike put his card in the basket, stayed for the entire presentation, and was the winner of the drawing.

Jones then stated that what Mike won was one dollar per year for one million years. He gave Mike $100 for the first. "hundred years." Mike sued for breach of contract and Jones and the other defendant filed a motion to dismiss for failure to state a claim. The issue was whether Jones had made an offer-would a reasonable person believe that he intended to-make an offer, and if so. Was the offer sufficiently definite? Was there an acceptance? If this is a contract, what type would it be? You will need to post before you can see the replies of others.

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Financial Management: Gathering of financial representatives
Reference No:- TGS02123857

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