Analysis
This case is an interesting case as it involves both legal and ethical issues. The problems in this case can be distinguished as business problems, legal problems and ethical problems. It is important that these problems should be resolved before rock group can decide upon its future course of action. These problems can be discussed as: …show more content…
The second party or the rock group would find it difficult to legally challenge the first party, company.
Business problems: The Company operates in the market with a single aim of profit making. New kid agreement is a necessity for company because it has to manage its risks (Strömberg, 2007). The company cannot let the rock group go because it would be a loss making deal for the company. The rock group is aware of the fact that it has signed a wrong contract and they should get out of it if they want to focus on their