High Stakes Entertainment
High Stakes Entertainment coaching slides from California State University, Northridge BUS 302 delve into contract breaches, parties' intentions, preserving agreements, budgeted revenues, and the importance of the case library in business law analysis. Explore the arguments, implications, and considerations surrounding contract enforcement and fair dealings.
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Presentation Transcript
High Stakes Entertainment Coaching Slides California State University, Northridge BUS 302
Did High Stakes Entertainment Breach the Contract? Argue both sides Cite supporting authority Standard: What were the parties reasonable expectations? 2
Courts Seek to Preserve, Not Invalidate Agreements Don t sidestep the issues by saying there s no agreement Promote fairness where it appears there was agreement Discuss policy that agreements generally must be enforceable in order to promote commerce 3
What Did the Parties Intend at the Time They Entered the Contract? Seven Rays argument: They were granted the right to exclusively show the films without any geographical limitation. High Stakes Entertainment s argument: A geographical limitation is implied; presumably Seven Rays exclusivity is extended only to their market, i.e., the U.S. 4
Budgeted Revenues Sources of revenue in case Contract fees Exhibition fees Exhibition fees = Revenue per showing number of showings Budgeted showings should include the expected minimum of Hero's Revenge and the minimum for HR II-V 5
The Case Library The case library is the review material at the end of some cases including this one. Be sure to read this material, both in accounting and business law, before answering the questions and writing up the case. 6
