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A Release is a type of settlement agreement that bars any further recovery beyond the terms stated in the release. This settlement agreement is a

A Release is a type of settlement agreement that bars any further recovery beyond the terms stated in the release. This settlement agreement is a contract and it is supported by consideration - legal value and bargained-for-exchange - as the parties are each giving up something to get something.
You will draft a release based on the following fact pattern. You will complete the release by filling in the brackets on the Release of Claims Project template in the google doc below and submit it on Canvas. Make up any necessary facts - addresses etc. Delete all brackets so that you are submitting a clean, professional contractual document.
_____________________________________________________________________________________________________
On October 20,2023, Lisa V.(she/her) was driving her car in Beverly Hills. She needed to get fresh air and while she was driving, she was listening to the entertainment news on her radio and was very upset by the rumors that were being reported about her. At approximately 7:00 p.m., Lisa went into the intersection at Rodeo Dr. and Sunset Blvd. As she entered the intersection, she collided with another car that was being driven by Brandi G (she/her). Both drivers got out and inspected the cars and took the proper information from each other and left.
It was estimated that there was damage to each car. Brandi had her attorneys contact Lisa after the accident. Lisa was so distraught, she thinks that she went through a red light and caused the accident. She negotiated with Brandi's attorneys and was willing to pay $4,000 to make this go away.
Lisa comes to you and asks you if you would write a release for her.Each party further acknowledges and represents that, in executing this release,
[he/she/they] have not relied on any inducements, promises, or representations made by the
opposing party or any party representing or serving the opposing party.
Each party acknowledges and warrants that [his/her/their] execution of this release is free
and voluntary.
This release pertains to a disputed claim and does not constitute an admission of liability
by either party for the above-described transaction.
READ THE ABOVE CAREFULLY BEFORE SIGNING
Date
LISA VANDERPUMP
Date:
BRANDI GLANVILLE
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