• LAW 421 WEEK 4
    1. At what point, if ever, did the parties have a contract? The only agreement that was made between the two was at the start.. The 90 day period that was paid off by BTT for Chou. After this there was no actual contract. They did discuss about having a contract and making it go through email but...
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  • Big Time Toy Maker
    Big Time Toymaker LAW/421 University of Phoenix Matt Johnson May 21, 2012 Jacques Ward 1. At what point, if ever, did the parties have a contract? BTT and Chou reached an agreement when BTT paid him the $25,000 in exchange for exclusive negotiation rights for a...
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  • Big Time Toymaker V. Chou
    1. At what point, if ever, did the parties have a contract? I believe that there were two contracts made in this scenario. The first one was the verbal contract that sated that the stipulations of price and the fact that there needed to be a written contract before distributing the product. The email...
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  • week 2
    1. At what point, if ever, did the parties have a contract? Subsequent to reading the scenario, I discovered that there was a contract in place when BTT sent an email to Chau talking about the original terms of agreement. BTT sent Chou an e-mail where the topic line read “Strat Deal.” This email...
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  • Big Time Toy
    Time Toymaker 1. At what point, if ever, did the parties have a contract? While both parties did have an oral agreement they did not have a contract in place. In the case scenario they also agreed to have Chou memorialize their agreement. In the original negotiating contract it stated that a distribution...
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  • LAW/421 Week Three Case Scenario Big Time Toy Market
    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. 1. At what point, if ever, did the parties have a contract? According the scenario...
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  • Law 421
    releasing Chou’s new technique game, Strat. Presuming BTT and Chou have got a deal, and BTT has breached the agreement by not releasing the game, discuss what solutions may or may not apply. At what point, if ever, did the parties have a contract? By studying the situation, I don't believe the 2 sides...
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  • Big Time Toymaker
    Time Toymaker and a contract they were negotiating with Chou, the inventor of a new strategy game that BTT wanted exclusive negotiation rights for a 90-day period. When Chou received an email with the details of what they were going to agree upon, he thought that was the contract and did not proceed...
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  • Business
    team includes a contract law situation involving a board game company and a game inventor. Big Time Toymaker (BTT) is a board game company which develops, manufactures, and distributes board games, and Chou is the name of the inventor of a new strategy game. In this scenario, what began with a payment...
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  • Case Scenario
    Tiffany Brady Case Scenario: Big Time Toymaker 1. At what point, if ever, did the parties have a contract? After reading the case scenario, I do not believe either of the two parties involved ever established a binding distribution contract. It is true an oral distribution agreement was achieved...
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  • Theory to practice
    toys and board games. An inventor named Chou created a board game called Strat. Chous invention caught the attention of BTT and they sought out to negotiate with Chou. During the time of communication between both Chou and BTT an agreement was made. Both parties agreed to BTT having exclusive negotiating...
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  • law421 week 3
    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 $25,000 in exchange for exclusive negotiation rights for a...
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  • Week 4 Toymaker
    on contracts negotiations that can include obligations of the parties and if they follow the agreement. The contract that Chou and BTT had was not a written contract it was an agreement used that deal with services to distribute the game; it was not a production or sales contract. This contract was...
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  • The color
    a written contract, there was no point to where Chou and BTT had a written contract. Chou and BTT did however have an oral agreement and an email stating these agreements for the future, but because Chou did not respond to this email or sign any contract there was in fact no written contract. In the exclusive...
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  • Law 421 Week 4
    four’s theory practice, we reviewed the case scenario of Big Time Toymaker vs Chou in regards to determining the validity of a contract.  As we’ve reviewed, an agreement or mutual assent is of course essential to a valid contract but the law imputes to a person an intention corresponding to the reasonable...
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  • Business
    1. According to S. P Melvin, a contract is a promise or set of promises enforceable by law. A contract is an agreement that a court will recognize and enforce. According to the scenario, BTT and Chou had an agreement for BTT to have exclusive negotiation rights for 90 days. This agreement clearly stated...
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  • Contracts 2
    Contracts II Prof. Kent; Spring 2010 A. Parol Evidence and Interpretation of the Contract 1. Parol Evidence • Parol evidence comes into play when a written contract is complete and binding, but fails to include some terms that were agreed upon prior to the parties signing it (whether they...
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  • Social Science
    CONTRACTS Classical System of Contract Law: Common law rules and writings that have evolved into a set of abstractions. General concepts are mutual assent (voluntary commitment) - offer/acceptance and doctrine of consideration Objective Theory of Contract: conduct determines "mutual assent" ...
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  • Contract
    Contract Origin and scope Contract law is based on the principle expressed in the Latin phrase pacta sunt servanda, which is usually translated "agreements must be kept" but more literally means "pacts must be kept".[4] Contract law can be classified, as is habitual in civil law systems, as part...
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  • Lucy V. Zehmner
    1. Contracts Outline Express Contract – Created by the words of the parties (either in writing or orally) Implied-in-fact Contract – Created by the actions of the parties Quasi-Contract – Not a contract, but a remedy to prevent one party from being unjustly enriched at the expense of another party...
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