Big time toymaker scenario

Chou is the inventor of a new strategy game he named Strat.

Big time toymaker scenario

Chou is the inventor of a new strategy game he named Strat.

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The exclusive negotiation agreement stipulated that no distribution contract existed unless it was in writing. Just three days before the expiration of the day period, the parties reached an oral distribution agreement at a meeting.

Chou offered to draft the contract that would memorialize their agreement.

Big time toymaker scenario

Before Chou drafted the agreement, a BTT manager sent Chou an e-mail with the subject line "Strat Deal" that repeated the key terms of the distribution agreement including price, time frames, and obligations of both parties. Although the e-mail never used the word contract, it stated that all of the terms had been agreed upon.

Chou believed that this e-mail was meant to replace the earlier notion that he should draft a contract, and one month passed.

BTT then sent Chou a fax requesting that he send a draft for a distribution agreement contract. BTT had a change in management and informed Chou they were not interested in distributing Strat.

At what point, if ever, did the parties have a contract? What facts may weigh in favor of or against Chou in terms of the parties' objective intent to contract? Does the fact that the parties were communicating by e-mail have any impact on your analysis in Questions 1 and 2 above?

Big Time Toymaker Scenario

What role does the statute of frauds play in this contract? Could BTT avoid this contract under the doctrine of mistake? Would either party have any other defenses that would allow the contract to be avoided? Assuming, arguendo, that this e-mail does constitute an agreement, what consideration supports this agreement?

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 damages and remedies might or might not apply:Case Scenario: Big Time Toymaker LAW/ Case Scenario: Big Time Toymaker Big Time Toymaker (BTT) develops, manufactures, and distributes board games and other toys in North America, Chou is the inventor of a new strategy game he calls Strat.

The two parties, which consist of Chou and Big Time Toymaker, entered a verbal contract in the scenario.

Theory to Practice Big Time Toymaker (BTT) develops, manufac

During a meeting between the two parties, a verbal contract was created related to the distribution of a strategy game created by Chou. Big Time Toymaker Name: Institution affiliation Introduction Theory to Practice is a scenario featuring Big Time Toymaker commonly known by the acronym BTT.

This company develops, manufactures, and finally distributes board games.

Big time toymaker scenario

The company was involved in an agreement with an independent inventor by the name Chou. Big Time Toymaker (BTT) develops, manufactures, and distributes board games and other toys to the United States, Mexico, and Canada.

Chou is the inventor of a new strategy game he named Strat. BTT was interested in distributing Strat and entered into an agreement with Chou whereby BTT paid him $25, in exchange for exclusive negotiation.

LAW Week 4 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.

Big Time Toymaker (BTT) develops, manufactures, and distributes board games and other toys to the United States, Mexico, and Canada. Chou is the inventor of a new strategy game he Provided ratings.

LAW Week 4 Case Scenario Big Time Toymaker by Emilia Taylor - Issuu