Homework: Business Law
For this homework, you will read the case of Parker v. Twentieth-Century Fox Film Corp., and answer a series of questions about the case.
• Was the original contract between Parker and Twentieth Century Fox Film Corp. a unilateral contract or a bilateral contract? Explain your answer.
• Every contract requires consideration in order to be valid. What was the consideration in the original contract?
• Twentieth Century Fox notified Parker on April 4th that the company would not be able to abide by the contract that was scheduled to begin on May 23rd. What is the legal term for this type of breach of contract?
• What was Twentieth Century Fox's defense to the lawsuit?
• Name at least two ways in which the offered substitute employment differed from the original employment contract.
• The Court awarded Parker $750,000 in damages.
o How did the Court arrive at this amount?
o What is the legal term for this type of damages?
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.
Attachment:- Case-Parkerv-Twentieth-Century-Fox-Film-Corp.rar