is not interested in distributing Chou’s new strategy game‚ Strat. Assuming BTT and Chou have a contract‚ and BTT has breached the contract by not distributing the game‚ discuss what remedies might or might not apply. Explain your answers and refer to Section 7-6 in Ch. 7 for support. Submit your answers. Case Scenario: Big Time Toymaker 1. At what point‚ if ever‚ did the parties have a contract? Chou and BTT had a contract at the point they agreed to all the terms. By including the
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role to Christianity. The two religions concept on God differs greatly. Those who practice Taoism do not believe in God at all. Taoism believes in two great masters: Lao Tzu and Chuang Tzu. Lao Tzu is referred as "old master" and was conceived by a shooting star. Chuang Tzu is the supposed second founder of Taoism. Chuang Tzu wrote inspiring texts of humor that taught lessons. They believe an unseen force created the universe not God. It is beyond the reach of intellectual force. On the other hand
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manufactures‚ and distributes board games and other toys globally‚ entered into an agreement with Chou‚ an independent inventor of a new strategy game he name Strat‚ to distribute this new game. However‚ over more than a 90-day period‚ BTT reneged on the agreement and was in breach of contract stating BTT were no longer interested in distributing Chou’s new strategy game. This paper examines whether BTT and Chou‚ in fact‚ have a contract‚ and what remedies may apply‚ through answering the following six
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sent the e-mail to Chou‚ he mentioned the terms of a distribution agreement‚ but it does not make the email a contract as neither party signed it. Only an oral agreement was reached. Without a legally binding draft and the signature of both parties present‚ no contract existed. 2. What facts may weigh in favor of or against Chou in terms of the parties’ objective intent to contract? BTT had paid Chou $25‚000 for the exclusive negotiation rights to his board game which lead Chou to believe they were
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and Canada. Chou is the inventor of a new strategy game he named Strat. BTT was interested in distributing Strat and entered into an agreement with Chou whereby BTT paid him $25‚000 in exchange for exclusive negotiation rights for a 90-day period. The exclusive negotiation agreement stipulated that no distribution contract existed unless it was in writing. Just three days before the expiration of the 90-day period‚ the parties reached an oral distribution agreement at a meeting. Chou offered to
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human trafficking (Mahler‚ 1997). It can occur in the form of prostitution or even for the purpose of pornography. Although adult women are most susceptible to this oppression‚ there also multiple cases of children being trafficked and a few of men (Chuang‚ 2014). Often those coerced are promised favors or threatened as a means of control. Due to the nature of sex trafficking as one being looked down upon morally‚ traffickers find it easy to black mail victims into staying by telling them they will
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have a contract? My Answer: When both parties agreed Big Time Toymaker (BTT) and Chou agreed to the terms‚ obligations‚ which covered intent‚ and followed through when BTT paid Chou $25‚000 in exchange for exclusive negotiation rights for a 90-day period. 2. What facts may weigh in favor of or against Chou in terms of the parties’ objective intent to contract? My Answer: The verbal agreement weighed in favor of Chou‚ as it was stated three days before the end of the exclusive negotiation rights
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through 6 based on the scenario in the “Theory to Practice” section‚ and complete the following in your response: At the conclusion of the situation‚ BTT says that it’s not serious about releasing Chou’s new technique game‚ Strat. Presuming BTT and Chou have got a deal‚ and BTT has breached the agreement by not releasing the game‚ discuss what solutions may or may not apply. At what point‚ if ever‚ did the parties have a contract? By studying the situation‚ I don’t believe the 2 sides concerned
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BTT manager sent the e-mail to Chou‚ he mentioned the terms of a distribution agreement‚ but it does not make the email a contract due to the fact that neither party signed it. Only an oral agreement was reached. Without a legally binding draft and both parties signatures no contract exists. Though the contract was in process even the details had been identified‚ however; it fell through the cracks because of the management change at BTT. Initially‚ BTT paid Chou $25‚000 for exclusive negotiation
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on the deal that was later followed up by a BTT manager via email. Which included full details of prices‚ time frames and obligations of both parties. 2. What facts may weigh in favor of or against Chou in terms of the parties’ objective intent to contract? The facts that weigh in favor of Chou include the email that was sent to him from the BTT manager as well as the fax that he sent. Even though the email and the fax were not responded to‚ they were not denied. Another fact is the $25‚000.00
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