Business, 14.05.2021 03:30 lashaaungas

I. M.A. Starr is a standup comedian (born and raised in New York—woop! woop!) who has performed at major venues around the World. Starr entered into a written and signed contract with a local venue in Virginia Beach, Virginia, the Funny Bone, to perform for their summer laugh-a-thon show on June 26. The Funny Bone spent thousands of dollars to advertise Starr's upcoming performance and sold out all of the tickets for the performance.
a) On June 25, Starr was struck in the head with a baseball while attending an all-star baseball game for charity. He suffered a head injury and required immediate surgery to relieve the pressure of an intracranial hematoma. Since Starr is in the hospital, he will not be able to perform at the show at Funny Bone on June 26. Is he liable to the Funny Bone for breach of contract? Explain fully.
b) Instead of the facts in (a), assume that on June 25, Starr calls the manager of the Funny Bone and tells her that he will not perform for them on June 26 because he received a better offer to perform at Caroline's Comedy Club in New York. Starr had a reputation of cancelling performances to try to get more money from the venues. The Funny Bone immediately began a law suit against Starr. Explain, separately, whether the Funny Bone will be able to:
(i) Obtain an injunction preventing Starr from performing at Caroline's Comedy Club and collect money damages?
(ii) Obtain an order of specific performance that requires Starr to perform at the Funny Bone on June 26? Explain fully.
c) How could Funny Bone have avoided the risk of that Starr would breach his contract

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 12:30

M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.

Answers: 1

Answer

Business, 22.06.2019 18:00

Match the different financial task to their corresponding financial life cycle phases

Answers: 3

Answer

Business, 22.06.2019 19:50

The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northern’s debt and that there are no taxes.

Answers: 2

Answer

Business, 23.06.2019 00:00

The gorman group is a financial planning services firm owned and operated by nicole gorman. as of october 31, 2016, the end of the fiscal year, the accountant for the gorman group prepared an end-of-period spreadsheet, part of which follows:

Answers: 2

Answer

You know the right answer?

I. M.A. Starr is a standup comedian (born and raised in New York—woop! woop!) who has performed at...

Questions