Marshall Zahner is a magician and musician. He moves around Western Canada doing afternoon Magic in...
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Marshall Zahner is a magician and musician. He moves around Western Canada doing afternoon "Magic in the Stars" children's performances and in the evening, he entertains his audience playing classical piano music. His concerts are always sold out. Last fall he rented the Silver Moon Concert Hall, an acoustically perfect one-of- a-kind Saskatoon performance center for five days from the Anthony Bennett Co. Unfortunately, a fire started by lightening destroyed the music days before Zahner was booked to perform. There were no other music halls that Zahner could rent. The agreement in which Anthony Bennett Co agreed to provide the music hall to Marchall Zahner (the "Contract") did not set out who would bear the risk should the music hall be destroyed. Zahner sued the Anthony Bennett Co for his advertising expenses and other pre-concert costs. Referring to any relevant principles of contract law, explain how the Contract ended. (2 points) What relevant factors and clauses could the Court refer to when reaching its decision? (4 points) Marshall Zahner is a magician and musician. He moves around Western Canada doing afternoon "Magic in the Stars" children's performances and in the evening, he entertains his audience playing classical piano music. His concerts are always sold out. Last fall he rented the Silver Moon Concert Hall, an acoustically perfect one-of- a-kind Saskatoon performance center for five days from the Anthony Bennett Co. Unfortunately, a fire started by lightening destroyed the music days before Zahner was booked to perform. There were no other music halls that Zahner could rent. The agreement in which Anthony Bennett Co agreed to provide the music hall to Marchall Zahner (the "Contract") did not set out who would bear the risk should the music hall be destroyed. Zahner sued the Anthony Bennett Co for his advertising expenses and other pre-concert costs. Referring to any relevant principles of contract law, explain how the Contract ended. (2 points) What relevant factors and clauses could the Court refer to when reaching its decision? (4 points)
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The Contract between Marshall Zahner and the Anthony Bennett Co would have ended due to frustration of purpose a doctrine in contract law that states ... View the full answer
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Accounting for Decision Making and Control
ISBN: 978-1259564550
9th edition
Authors: Jerold Zimmerman
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