Question
Kyle Bruno enters a contract with X Entertainment to be a stuntman in a movie. Bruno is widely known as the best motorcycle stuntman in
Kyle Bruno enters a contract with X Entertainment to be a stuntman in a movie. Bruno is widely known as the best motorcycle stuntman 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 tract have stipulated that the filming must end on time to capture the profits from the summer movie market. The contract stated 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. In addition, the contract includes a limitation-of-liability clause stating that if Bruno is injured during filming, X Entertainments liability is limited to nominal damages. Using the information presented in the chapter, answer the following questions.
- Whatfactorswouldacourtconsidertodeterminewhetherthe$1millionliquidateddamagesprovisionconstitutesvaliddamagesorisapenalty?
Long answer needed for presentation. Include all of the factors on what the court could do or not and why. Include all of the factors that can happen and why it could not happen. thanks!
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