This is a case study and questions mentioned below needs to be answered.. The format and requirements to answer the questions are also mentioned. The business

Kent Braun and Danny Lee have decided to go into a business together offering catering services. They need start up cash, equipment and customers. Kent's father, Harry Braun, provides the business with $1,500. Danny spends $1,000 providing brochures with a complete list of menus and services to be offered. Kent already has some tools worth $500 and he also spends an additional $1,500 at All Restaurant Equipment to buy cookware.

Customer

Sidney Yang is an entrepreneur with a major project planned for 2017. It is highly important that the project be presented as viable and that he show his skill in managing such a venture. A key part of his plan is a detailed and well organized event to his key current and future clients. The presentation will end with a dinner and gala to impress his clients with his new project. He expects that the result will be future investments in his venture in the amount of $300,000.

The deal

Sidney tells Kent and Danny that he expects a lavish event, including prime quality steaks, oysters, wine, etc. as agreed in the menu the two have provided. Sidney is impressed with Kent and Danny's presentation, and hires them to cater the complete dinner in accordance with the menu, including servers. Sidney pays a $5,000 deposit emphasizing to them how important this gala will be to his future business Kent and Danny assure him that all his expectations will be met.

Work begins; Problems arise

Kent and Danny order the food ingredients fram Fresh Food Wholesale, paying a deposit of $1,500 in cash from the money Sydney Bve therm Kent and Danny talk to their friends, Liz and Zak about serving at the gala at $20.00 an hour and the friends agree that they will be there two hours to heip set up the event and will continue helping during the evening, including final clean up. Two days before the event, Kent and Danny learn that Fresh Foad Wholesale has gone bankrupt and will not be able to deliver the food. The day before the event, Liz and Zak tell Kent and Danny that they have just won a trip to Las Vegas and will not be available to Kent and Danny are in over Their heads

Disaster

Without informing Sidney, they call Pizza Pizza and KFC and order enough pizzas, salads and buckets of chicken for 100 people, to be delivered to the event fifteen minutes before the dinner is to start. The pizza boxes and buckets of chicken are set out on a table for the guests to pick up as the enter the dining room.

None of Sydney's potential investors are impressed; the quality of the dinner affects their opinion of Sidney's abilities to carry out his project.

Sidney is totally embarrassed, having lost face with all of his invited guests. Instead of his expected the expected $300,000, he receives $25,000 from a sympathetic family member. Sidney is furious; he estimates that he has had a loss of over $275,000 as the result of the catastrophic dinner.

QUESTIONSSSS Who are the possible parties to any lawsuit? On what basis can each claim a remedy? What remedies are open to each of the parties in each case? What is the actual claim in each case?

Set out each claim in full.

Taking someone to court for breaking the terms of a contract:

Plaintiff has the onus of proving breach of contract and deciding what remedy to seek. If monetary damages are sought, plaintiff asks the court for a specitic amount

Typically: The plointiff, John Smith, brings on action in breuch of controct in thot the defendant, loe Brown, failed to provide the goods of the quality required under the terms of the contract The plaintif seeks damoges: 53,000.00as costs of repiacement of goods $1,000.00 for loss of profit

Legal costs

FORMAT

Parties to possible law suits Law suit1 Law suit 2 Etc. On what basis can each claim a remedy? Law suit 1 Law suit2 Etc. What remedies avalilable in each case? Law suit1 Law suit 2 Etc What is the actual claim in each case? Law suit1 Law suit2 Etc POINTS TO DISCUSS:

Possible parties to ary lawsuit? Basis of claim for each remedy? Type of each remedy claimed for each party? Actual remedy (amount) claimed for each party