Question

In: Operations Management

prepare analysis for the case Maerder v. Lopez with regards to the following question: 1- Is...

prepare analysis for the case Maerder v. Lopez with regards to the following question:

1- Is the general release Marder signed an enforceable contract?
To be able to do analyze this particular, you need to refer to our previous discussion and this current discussion. You can refer to textbooks on law of contract.

the last case of Murder v Lopez case

Solutions

Expert Solution

1.Yes.

A Legally Enforceable contract is a contract in which of one neglects to execute as guaranteed, the other party can utilize the court framework to authorize the contract and recoup harms or other cure.

Is the general discharge Marder marked an enforceable contract?

U.S. Court of Appeals for the Ninth Circuit case

The motion picture Flashdance depended on the biography of Maureen Marder, a female development laborer who performed during the evening as an outlandish artist

Central motion picture studio paid Marder $2,300 for her story, and Marder marked a general discharge contract forgoing all cases against Paramount that she may conceivable have

Flashdance netted more than $150 million in theaters

Marder sued Paramount asserting that she was a coauthor of the motion picture's screenplay as was a coowner of its copyright (along withi Paramount)

The U.S. Region Court expelled her cases and she bid.

The Ninth Circuit Court of Appeals held that the general discharge Marder marked was an enforceable contract, and asserted the judgment of the area court

"The Release dialect is uncommonly expansive and we hold that it is deadly to each of Marder's cases against Paramount. In like manner, the law attributes to Marder an aim comparing to the sensible importance of her words and acts. In spite of the fact that looking back the assention gives off an impression of being out of line to Marder - she just got $2,300 in return for an arrival of all cases identifying with a motion picture that netted over $150 million - there is basically no proof that her assent was acquired by extortion, decpetion, distortion, coercion, or undue impact."

2.Elements of a Contract

1. Offer - One of the gatherings made a guarantee to do or shun doing some predetermined activity later on.

2. Thought - Something of significant worth was guaranteed in return for the predefined activity or nonaction. This can appear as a critical consumption of cash or exertion, a guarantee to play out some administration, an assention not to accomplish something, or dependence on the guarantee. Thought is the esteem that instigates the gatherings to go into the contract.

The presence of thought recognizes a contract from a blessing. A blessing is a deliberate and unwarranted exchange of property starting with one individual then onto the next, without something of significant worth guaranteed in kind. Inability to finish on a guarantee to make a blessing is not enforceable as a break of contract in light of the fact that there is no thought for the guarantee.

3. Acknowledgment - The offer was acknowledged unambiguously. Acknowledgment might be communicated through words, deeds or execution as called for in the contract. For the most part, the acknowledgment must mirror the terms of the offer. If not, the acknowledgment is seen as a dismissal and counteroffer.

On the off chance that the contract includes an offer of products (i.e. things that are mobile) between traders, then the acknowledgment does not need to reflect the terms of the offer for a legitimate contract to exist, unless:

(a) the terms of the acknowledgment altogether change the first contract; or

(b) the offeror protests inside a sensible time.

4. Commonality - The contracting parties had "a meeting of the psyches" with respect to the assention. This implies the gatherings comprehended and consented to the essential substance and terms of the contract.


Related Solutions

Question 1: a) The Salomon v Salomon [1897] case is the precedent for the doctrine of...
Question 1: a) The Salomon v Salomon [1897] case is the precedent for the doctrine of separate legal personality of a company. Explain the facts and the decision of the case and explain the reasons for the decision.
Prepare and submit a case brief for the case of Meinhard v. Salmon 164. N.E. 545
Prepare and submit a case brief for the case of Meinhard v. Salmon 164. N.E. 545
Jeffrey Lopez began a professional practice on June 1 and plans to prepare financial statements at...
Jeffrey Lopez began a professional practice on June 1 and plans to prepare financial statements at the end of June. During June, the firm completed the following transactions: Owner invested $60K cash in the company along with equipment that had a $15K market value in exchange for its common stock The company paid $1,500 cash for rent for the month of June The company purchased $10K of additional equipment on credit (payment due in 30 days) The company completed work...
Case brief ------Cotter v. Lyft, Inc. 1. Case 2. Issue 3. Rule 4. Analysis 5. Conclusion
Case brief ------Cotter v. Lyft, Inc. 1. Case 2. Issue 3. Rule 4. Analysis 5. Conclusion
The following question regards action potentials and neurons: 1.) A.) How is the physiology different for...
The following question regards action potentials and neurons: 1.) A.) How is the physiology different for an excitatory synapse vs. an inhibitory synapse? Consider neurotransmitter differences, ion channel differences, and how they affect the potential of the post synaptic cell B.) (3 points) How is an electrical gradient produced across a gradient? How is this related to having a membrane potential? C.) (4 points) A) Describe negative feedback in physiology. B) How is negative feedback important for maintaining homeostasis? D.)...
In regards to Statistics: the exploration and and analysis of data (7th edition), chapter 13, question...
In regards to Statistics: the exploration and and analysis of data (7th edition), chapter 13, question 43. Part a of the question asks for the equation of an estimated regression line. The solution is already on chegg, but my question is: why are SSR, Se, and Sb still calculated, after y-hat=2.7...+(0.04...)x has already been solved for?
Question #1: WACC & Capital Budget Analysis – Based on the inputs below prepare a capital...
Question #1: WACC & Capital Budget Analysis – Based on the inputs below prepare a capital budget analysis for this Base Case using the Net Present Value, Internal Rate of Return, Profitability Index and Payback in years methods, determining whether the project is feasible. Please show your spreadsheet calculations and your final determinations of “go” or “no go” on the project. Use your Investment Return Analysis as an example for this capital budget analysis. Project Inputs: WACC – Debt is...
Prepare the following: 1. Horizontal Analysis 2. Vertical Analysis 3. Calculate the return on equity with...
Prepare the following: 1. Horizontal Analysis 2. Vertical Analysis 3. Calculate the return on equity with the DuPont model 4. Calculate the sustainable growth rate. 2020 2019 Revenue 622,658.00 330,517.00 Cost of Revenue 115,396.00    61,001.00 Gross Profit 507,262.00 269,516.00 Operating Expenses      R&D    67,079.00    33,014.00      Sales & Marketing 340,646.00 185,821.00      G&A    86,841.00    44,514.00 Total Operating Expenses 494,566.00 263,349.00 Income from Operations    12,696.00      6,167.00      Interest income    13,666.00      2,182.00 Net...
Question: Business Law (Topic Consideration) 1.) In the landmark case, Hamer v. Sidway, what were the...
Question: Business Law (Topic Consideration) 1.) In the landmark case, Hamer v. Sidway, what were the promises exchanged between the uncle and the nephew? Did the nephew live up to his promise? If so, why didn’t he receive anything from the uncle? What did the nephew give up in exchange for his uncle’s promise? According to the court, why was this sufficient? If this case were to occur today, would the outcome be the same? Why or why not? 2....
1. For this question, we define the following vectors: u = (1, 2), v = (−2,...
1. For this question, we define the following vectors: u = (1, 2), v = (−2, 3). (a) Sketch following vectors on the same set of axes. Make sure to label your axes with a scale. i. 2u ii. −v iii. u + 2v iv. A unit vector which is parallel to v (b) Let w be the vector satisfying u + v + w = 0 (0 is the zero vector). Draw a diagram showing the geometric relationship between...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT