Case Scenario: Big Time Toymaker
Read the “Theory to Practice” section at the end of Ch. 6 of the text.
Answer Questions 1 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 ever had a deal. In the situation, the sides reached a deal just …show more content…
Assuming, arguendo, that this e-mail does constitute an agreement, what consideration supports this agreement?
The truth that BTT provided a check for $25,000 for the exclusive settling rights demonstrates that BTT meant to reach an agreement with Chou. Additionally, the 2 sides also arrived at a verbal deal, however verbal deals are difficult to enforce in the court. Lastly, BTT had also sent Chou a facsimile requesting him to deliver them a draft of a deal for the distribution contracts
At the conclusion of the case, BTT declares that it's not thinking about distributing Chou’s new strategy game, Strat. Presuming BTT and Chou have got a deal, and BTT has breached the agreement by not distributing the game, discuss what remedies may or may not apply.
Had a deal existed between BTT and Chou, and BTT breached the agreement by not distributing the game; there would be specific methods which could apply in the case, primarily fair methods.