BBA3210 Columbia Southern University Contract Remedies Case Analysis Case AnalysisDetermine whether certain contract remedies exist in the following scenar

BBA3210 Columbia Southern University Contract Remedies Case Analysis Case AnalysisDetermine whether certain
contract remedies exist in the following scenario: Forrest Gump is a famous
table tennis player. He enters into a contract with Alabama Sports Marketing to
advertise the latest ping pong game and to serve as the computer-generated
imagery (CGI) model for the development of the video game. Gump is perfect for
this job as there are not many world famous ping pong players who have a
following similar to his. The game is set to start development on March 1 and
will be completed on July 31, so the game can be released at Thanksgiving—a
major video game release period. Both parties have agreed and stipulated to the
fact that the game must be completed on time to maximize the profits. Gump will make 20% of
the net proceeds from the sales of the game. In addition, the contract has a
liquidated damages clause that indicates that if Gump does not participate in
the marketing, does not serve as the CGI model, or breaches the contract in any
way, he will owe Alabama Sports Marketing $2 million. Based on this fact
pattern and the information presented in this unit, answer the following
questions in a minimum of 250 words each. 1. One day, Gump gets
into an argument with the developer. Gump refuses to perform any work until the
problem is solved. In this situation, can Alabama Sports Marketing seek
specific performance of the contract? If yes, why? If no, why not? 2. How would the court
determine whether the liquidated damages clause is valid? Is this clause valid?
Explain your answers. Cite any direct quotes or
paraphrased material from outside sources. Use APA format.

"Order a similar paper and get 100% plagiarism free, professional written paper now!"

Order Now