Audio problem: When Scott is making a distraction, he says, "Well, this show stinks." But his mouth is saying, "Well, this show sucks." Done in order to keep the G rating, I presume.
Continuity mistake: Charlie and Scott come across the empty Santa suit in the flashback to the first movie, and the body and all the limbs of the suit are flat in the snow. A shot from the unconscious Santa's right shoulder then shows his arm and gloved hand still upright and in position to wave "bye-bye" before he disappears.