Class of 2026 - QB/ATH Tyrell Grant Jr (VA) Flipped to Va Tech | Page 8 | Syracusefan.com

Class of 2026 QB/ATH Tyrell Grant Jr (VA) Flipped to Va Tech

Wait, there are internet points?
IMG_0006.webp
 


How did I miss that.

The promotion and the offer
    • In 1996, PepsiCo launched its "Pepsi Points" promotion, where customers could collect points from bottle caps to redeem for prizes like t-shirts and sunglasses.
    • A commercial showed a protagonist getting to school in a Harrier jump jet, which it claimed could be obtained for 7 million Pepsi Points.
    • The commercial ended with a humorous disclaimer that the jet was for "fanciful" purposes.
The lawsuit and its aftermath
    • John Leonard, a business student, saw the commercial and realized that a loophole allowed him to purchase points for 10 cents each.
    • He calculated that purchasing 7 million points would cost him $700,000.
    • With help from investors, Leonard mailed Pepsi a check for the required amount, requesting the jet.
    • Pepsi refused, stating the commercial was a joke and returning the check.
    • Leonard sued for breach of contract and fraud, but the court ruled in favor of Pepsi, arguing no "reasonable person" would have taken the offer seriously.
    • The case, Leonard v. Pepsico, Inc., is now a landmark example in advertising law, influencing how companies create and word their promotions.
 
The promotion and the offer
    • In 1996, PepsiCo launched its "Pepsi Points" promotion, where customers could collect points from bottle caps to redeem for prizes like t-shirts and sunglasses.
    • A commercial showed a protagonist getting to school in a Harrier jump jet, which it claimed could be obtained for 7 million Pepsi Points.
    • The commercial ended with a humorous disclaimer that the jet was for "fanciful" purposes.
The lawsuit and its aftermath
    • John Leonard, a business student, saw the commercial and realized that a loophole allowed him to purchase points for 10 cents each.
    • He calculated that purchasing 7 million points would cost him $700,000.
    • With help from investors, Leonard mailed Pepsi a check for the required amount, requesting the jet.
    • Pepsi refused, stating the commercial was a joke and returning the check.
    • Leonard sued for breach of contract and fraud, but the court ruled in favor of Pepsi, arguing no "reasonable person" would have taken the offer seriously.
    • The case, Leonard v. Pepsico, Inc., is now a landmark example in advertising law, influencing how companies create and word their promotions.
Did the commercial get updated? The linked video you responded to says 700,000,000 points which would be $70 million?
 
Did the commercial get updated? The linked video you responded to says 700,000,000 points which would be $70 million?
I think the summary I pulled was off a decimal place or two ... regardless of the amount that is what went down LOL.
 
I think the summary I pulled was off a decimal place or two ... regardless of the amount that is what went down LOL.
According to Google, a Harriet jet is like $33 million. Pepsi might send you one if you mail a $70 million check 😂
 

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