Bus. Law Paper Rewrite

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Jan 9, 2024

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Rewrite MEMORANDUM DATE: October 31, 2023 TO: K&K, LLP FROM: Summer Intern SUBJECT: Eliza’s Case In the case, Eliza v. Javier, the issue revolves around whether Javier formed a binding contract with Eliza. Javier is a Manhattan based doctor and friend of Eliza’s. He offered to accompany her on her trip to swim the English Channel so that she would have medical assistance on stand-by in case of an accident. Eliza happily accepted. Although their emails show clear offer and acceptance, they lacked consideration because there was no clear and definite incentive for bargaining. There was a meeting of the minds, capacity, and legality in this agreement. Under common law, Eliza would lose because past consideration is not consideration. However, she is likely to win her case under NY GOL § 5-1105 which states that a promise in writing signed by the promisor shall not be denied effect as a valid contractual obligation, since the trial will take place in New York. Therefore, Eliza is likely to win her case against Javier because GOL 5-1005 applies and takes precedence. Eliza’s other suit against the company, SwimTrunkz, proves to be valid. The company guaranteed a “major prize” to the first person from Brooklyn who can swim the English Channel in their swimsuit and tag them in a picture after completion of the act, so there was a unilateral contract. While the company can argue that their advertisement was only an invitation to bargain, Eliza can counter this by referencing the Lefkowitz v. Great Minneapolis Surplus Store case which states that a clear and definite ad is a valid contract. By succeeding to complete her swim
on August 1st, and tagging the company in a picture, Eliza entered a contract with the company. They acknowledged that she was indeed the first person to do so when they reposted her picture on their page. The parties met all elements of a contract: offer, acceptance, consideration, meeting of the minds, capacity, and legality. SwimTrunkz was the promisor and made an offer through their promotional video with consideration as the prize in which Eliza, as the promisee, accepted once she fulfilled her end of the contract. SwimTrunkz can argue that they used the term, “major prize” which is ambiguous and so reposting Eliza to their 500,000 followers gave her free advertisement and constituted a fair prize. However, the time, money, and training that Eliza underwent to perform this task deserves a much better prize than just acknowledgement on the brand’s social media. The case Monica v. Racy Mountain Races is relevant because Monica entered a unilateral contract in which she had to win a race for a prize but the company changed their terms when she almost finished the race. Courts ruled in Monica’s favor because she deserved better compensation for the work she put in to fly to the location and prepare for the race. This is similar to Eliza’s case because she deserves better compensation for performing a challenging and dangerous swim. As a result, Eliza would most likely win her case, Eliza v. SwimTrunkz for breach of contract.
Original Copy MEMORANDUM DATE: October 31, 2023 TO: K&K, LLP FROM: Summer Intern SUBJECT: Eliza’s Case I am writing to inform you that while Eliza does have a strong case against SwimTrunkz, she doesn’t have a strong case against Javier. Javier is a Manhattan based doctor and friend of Eliza’s. He offered to accompany her on her trip to swim the English Channel so that she would have medical assistance on stand-by in case of an accident. Eliza happily accepted. Although their emails show clear offer and acceptance, they lacked consideration therefore making their contract voidable. According to New York Law, a benefit of legally sufficient value to the promiser is required. Eliza did not offer anything in exchange for Javier’s time and assistance so a fair bargain was not reached. Additionally, under the common law, promissory estoppel was not relevant in this case as Eliza did not rely on the medical assistance to embark on her trip and was able to successfully swim the English Channel without it. There was a meeting of the minds, capacity, and legality in this agreement. Eliza’s other suit against the company, SwimTrunkz, proves to be valid. The company guaranteed a “major prize” to the first person from Brooklyn who can swim the English Channel in their swimsuit and tag them in a picture after completion of the act. While the term “major prize” proves to be ambiguous, we can assume that the company was referring to some materialistic good or something of value to the participant of their campaign. The advertisement was an invitation to begin negotiations and not an offer. By
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succeeding to complete her swim on August 1st, and tagging the company in a picture, Eliza clearly entered a contract with the company. They acknowledged that she was indeed the first person to do so when they reposted her picture on their page. However, SwimTrunkz did not follow up on their terms because they refused to respond further to Eliza and no prize was established. Under Section 5 of the FTC, “unfair or deceptive acts or practices in or affecting commerce” are prohibited. SwimTrunkz knowingly made a deceptive advertisement that is subject to fraud under the intent of promoting their brand. Eliza only swam the English Channel, one of the most difficult open-swims in the world, under the promise of the company and put her physical health in danger. Therefore, Eliza was entitled to a certain level of justifiable reliance, giving her a strong argument for a suit. Vokes is relevant because the defendant in this case, Arthur Murray Inc., fraudulently induced the plaintiff into taking extra dance classes by making her believe that she is a good dancer. The statements of Arthur Murray were made actionable for fraud because he made them with the intention of persuading Vokes to invest $31,000 in dancing tuition. This can be related to Eliza’s case because both plaintiffs were taken advantage of by a company and misled into doing an action under a false promise. Therefore, the legality of the ad can be argued in Eliza’s defense.