Case Scenario: Big Time Toymaker

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 end of the scenario, BTT states that it 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.
  

  Individual Paper Contract Formation and Remedies

  LAW 421 Week 3 Individual Paper Contract Formation and Remedies : Mary tells Liam and Mike that she will give them $2,500 if they paint her house. Mary’s statements are overheard by Jane, Mary’s neighbor. The next day while Mary is at work, she sees an ad by Bill’s painting that states “Bill’s will paint your house for $1,500, satisfaction guaranteed or your money back.” Mary calls’ Bill’s and arranges to have her house painted. When Mary returns home, she finds Liam and Mike hard at work and her house half painted. She screams at them to stop and orders them off her property. Bill’s workers come the next day and paint the house. Liam and Mike come to you for advice because Mary refuses to pay them.

  Write a formal paper that discusses issues that you identify in the scenario. (note: unlike prior assignments, in this Week 3 paper, you must identify the issues. Remember, this assignment is 26% of your course grade)

  Some items to consider:

  • What claims might Liam and Mike have against Mary?
  • What defenses might Mary have?
  • If Liam and Mike have valid claims, what damages might they recover?

  This is a FORMAL paper and should conform to APA standards. There are no word count requirements. THINK ABOUT THIS ASSIGNMENT! IT IS NOT AS EASY/SIMPLE AS IT APPEARS! THE FACTS MAY TRICK YOU! LAW 421 Week 3 Individual Paper Contract Formation and Remedies