Tom Shanks sign a contract to make a film for GMG Pictures for $20,000,000. The contract was not under seal. Part way through filming, he gets an offer to make another film for even more money, but production is starting immediately. He tells GMG he requires another $2,000,000 to complete their picture, or he'll walk. Is GMG legally bound to pay?
A) Yes. GMG cannot rely on their promise to pay $20,000,000. That is past consideration.
B) Yes. Preventing Shanks from taking the other job is restraint of trade.
C) Yes. Because the contract was not under seal, the consideration flowing from GMG was not valid.
D) Yes. Shanks can rely on the doctrine of detrimental reliance: he relied, to his clear ability to make another picture.
E) No. Shanks was given consideration to make the picture for GMG and has no right to demand more money now.
Correct Answer:
Verified
Q44: Which of the following actions does NOT
Q45: Which of the following does NOT have
Q46: Which of the following statements is TRUE?
A)If
Q47: Maja was hired by a print shop
Q48: Legislation in some provinces has made changes
Q50: In which of the following scenarios would
Q51: Laura was employed by Style Unlimited a
Q52: Which of the following statements is TRUE?
A)If
Q53: A company sells a software package to
Q54: Which of the following statements is TRUE?
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents