Jeannette: Suppose that Kyle Bruno enters a contract with X Entertainment to be a stunt man in a movie that is being produced. Bruno is widely known as the best motorcycle stunt man in the business, and the movie to be produced, Xtreme Riders, has numerous scenes involving high-speed freestyle street-bike stunts. Filming is set to begin August 1 and end by December 1 so that the film can be released the following summer. Both parties to the contract have stipulated that the filming must end on time in order to capture the profits from the summer movie market. The contract states that Bruno will be paid 10 percent of the net proceeds from the movie for his stunts. The contract also includes a liquidated damages provision, which specifies that if Bruno breaches the contract, he will owe X Entertainment $1 million dollars. In addition, the contract includes a limitation-of-liability clause stating that if Bruno is injured during filming, X Entertainment’s liability is limited to nominal damages. 1. One day, while Bruno is preparing for a difficult maneuver, he gets into an argument with the director
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This note was uploaded on 03/22/2011 for the course BUS 201 taught by Professor Rendar during the Spring '11 term at Baker MI.