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Advantages and disadvantages of hiring a lawyer

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Reference no: EM133052319

In the movie contract, which side was the more successful negotiator? Can you think of any terms that either party left out? Are any of the provisions unreasonable?

What are the advantages and disadvantages of hiring a lawyer to draft or review a contract?

What are the penalties if Artist breaches the movie contract? Are these reasonable? Too heavy? Too light?

Sophia negotiated a contract with Pete under which she would buy his company for $10 million plus the amount of the company's outstanding debt (approximately $1 million). But when Pete sent a draft of the contract, it stated that the purchase price would be $10 million less the company's debt. What is Sophia's ethical obligation to Pete? Should she tell him about the mistake? What Life Principles would you apply in this situation? What would Kant say?

Reference no: EM133052319

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