Regarding Ritz Carlton not honoring a 1 cent reservation, Mark dug up more contract law, ran it by his professor, tossed it off to a legal mailing list, and turned up some interesting bits.

Namely, that it’s not entirely clear his sister would lose if she decided to take Ritz Carlton and Hotels.com to court.

Check it out, good legal stuff to know about contracts, like the “peppercorn theory.” — BEN POPKEN

The Typo Hypo (Cont.) [The Mark Pike]

Want more consumer news? Visit our parent organization, Consumer Reports, for the latest on scams, recalls, and other consumer issues.