Go to this texts Web site at academic, cengage.com/blaw/clarkson and select Chapter 18. Click on Video Questions
Question:
Go to this text’s Web site at academic, cengage.com/blaw/clarkson and select “Chapter 18.” Click on “Video Questions” and view the video titled Midnight Run. Then answer the following questions.
(a) In the video, Eddie (Joe Pantoliano) and Jack (Robert De Niro) negotiate a contract for Jack to find the Duke, a mob accountant who embezzled funds, and bring him back for trial. Assume that the contract is valid. If Jack breaches the contract by failing to bring in the Duke, what kinds of remedies, if any, can Eddie seek? Explain your answer.
(b) Would the equitable remedy of specific performance be available to either Jack or Eddie in the event of a breach? Why or why not?
(c) Now assume that the contract between Eddie and Jack is unenforceable. Nevertheless, Jack performs his side of the bargain (brings in the Duke). Does Jack have any legal recourse in this situation? Why or why not?
Step by Step Answer:
Business Law Text and Cases
ISBN: 978-0324655223
11th Edition
Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F