Question: Acing Contracts Examples and Explanations Problem 2.1Offer and Acceptance55 0 Rob Coe, owner of an athleticwear company, is a wellknown sports enthusiast and world traveler.


Acing Contracts Examples and Explanations Problem 2.1Offer and Acceptance55 0 Rob Coe, owner of an athleticwear company, is a wellknown sports enthusiast and world traveler. After returning from a prolonged exploration of the Australian outback, he realized that American's were getting "soft." He decided to design a new line of sportswear to help Americans recapture their spirit and introduce them at the Coe Competitions, a series of endurancetype athletic events. Mr. Coe told Kim, his copywriter, that she should start writing the copy for the new athletic clothes. Then he added, \"You know, Kim, there is nothing like exercise to keep you in shape. I bet if you started to work out now, you could be ready for the Competitions. In fact, I will pay you a bonus of $1000 if you get in shape for the Coe Competitions.\" Kim knew that Mr. Coe was serious about his commitment to physical tness. It was also true that she had put on a few pounds recently. This was just the incentive she needed. She did not say a word to Mr. Coe or any of her coworkers but went out and bought a pair of sneakers and several exercise outts. Every morning she exercised in the gym. As part of her new health regime, she drank only high energy, lowfat shakes for lunch and eliminated all mufns from her diet. After six weeks, Kim lost 15 pounds and several inches. She was in the best shape she had been in since high school and ready to compete in the Coe Competitions. Kim went to see Mr. Coe to collect her bonus. Instead of giving her $1,000, Mr. Coe laughed and said: "The only competion you are in shape for is the sale rack at the closest department store! Besides, I was only kidding." Kim is furious and wants to bring suit to collect the $1000. What is the likelihood of her success
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