You say that jokingly, but it absolutely does. There are likely other claim holders who have a stronger claim that would superceded this one, but in and of itself this absolutely is a legal binding contact. This is exactly the kind of nonsense he spouts that put him in a position where he legally had to buy twitter even though he didn’t actually want to
I get why you would say that, because verbal contracts are definitely a real thing that can be binding, and this basically takes the form of a verbal contract, with the added advantage of being written down so it’s easy to prove what was said.
But I don’t think any court would ever find that this constituted a binding contract. No reasonable person would believe that this was intended to be taken seriously, and an offer made in jest does not constitute a binding contract. See Leonard v Pepsico.
edit: With Twitter, as far as we know, he had actually signed a more standard contract in which he waived his right to due diligence. It was rash and stupid, but not really comparable to this at all.
That’s a funny court case. Pepsi releases an ad where someone gets a fighter jet for 7,000,000 pepsi points. Someone finds they can be bought for $0.10 each, so buys that many pepsi points and asks for the jet. The court sides with Pepsi, because it’s ridiculous to think you’re getting a fighter jet for that, and afterwards Pepsi edits the commercial to make it 700,000,000 pepsi points instead.
Also Pepsi never cashed the check for the points, and they did add a “Just Kidding” disclaimer, but that wasn’t in the synopsis on Wikipedia. 700,000,000 pepsi points would cost almost double what the jet is valued at, so if someone did try the stunt again, they’d theoretically be able to get the jet to them. However, the Pentagon stated that the jet would have to be demilitarized, which includes removing its advertised feature of vertical takeoff and landing.
You say that jokingly, but it absolutely does. There are likely other claim holders who have a stronger claim that would superceded this one, but in and of itself this absolutely is a legal binding contact. This is exactly the kind of nonsense he spouts that put him in a position where he legally had to buy twitter even though he didn’t actually want to
I get why you would say that, because verbal contracts are definitely a real thing that can be binding, and this basically takes the form of a verbal contract, with the added advantage of being written down so it’s easy to prove what was said.
But I don’t think any court would ever find that this constituted a binding contract. No reasonable person would believe that this was intended to be taken seriously, and an offer made in jest does not constitute a binding contract. See Leonard v Pepsico.
edit: With Twitter, as far as we know, he had actually signed a more standard contract in which he waived his right to due diligence. It was rash and stupid, but not really comparable to this at all.
There’s no consideration specified, so it’s not really a contract in normal terms.
It is however a last will and testament for disposal of his asset(s).
This is not at all a will and testimate.
Depends on the jurisdiction. Some states recognise “nuncupative” and “holographic” wills.
Other jurisdictions recognise any “speech” that details disposal of assets upon death as a will.
There is no jurisdiction in which the facts of this situation would constitute a binding will.
The circumstances in which a will can be formed orally are death-bed situations where formation of a proper will are impractical.
That’s a funny court case. Pepsi releases an ad where someone gets a fighter jet for 7,000,000 pepsi points. Someone finds they can be bought for $0.10 each, so buys that many pepsi points and asks for the jet. The court sides with Pepsi, because it’s ridiculous to think you’re getting a fighter jet for that, and afterwards Pepsi edits the commercial to make it 700,000,000 pepsi points instead.
Also Pepsi never cashed the check for the points, and they did add a “Just Kidding” disclaimer, but that wasn’t in the synopsis on Wikipedia. 700,000,000 pepsi points would cost almost double what the jet is valued at, so if someone did try the stunt again, they’d theoretically be able to get the jet to them. However, the Pentagon stated that the jet would have to be demilitarized, which includes removing its advertised feature of vertical takeoff and landing.