This essay is to show why the idea of an advertising campaign developed around auctioning Bigtown on eBay is a bad idea. The four main elements of a valid contract are agreement, consideration, contract capacity, and lawful object. To better understand what these mean I will give a definition of each. Agreement is (Cheeseman 2005) "To have an enforceable contract, there must be an agreement between the parties. This requires an offer by the offeror and …showed first 75 words of 735 total…

…showed last 75 words of 735 total…his stuff in as he did and he would have been given a "Jet", but that is not noted or posted anywhere as someone receiving a jet as a reward. Pepsi did not request anything either so there for Pepsi did not say, "Send us all your money and points and we will give you this Jet." It was merely and advertisement not promising that is a reward just creating the humor in Pepsi points.