Question
You are an ambitious Gen Z, twenty-something with a You Tube channel, with 1M followers, a social influencer, and a new Tik Tok sensation. Your
You are an ambitious Gen Z, "twenty-something" with a You Tube channel, with 1M followers, a social influencer, and a new Tik Tok sensation. Your skill is hearing sounds and quickly mimicking them, such as all the iPhone ring tones, mimicking the old dial up tone, old telephone rotary dial tones, phone clicks, bird calls, dog barks, cat meows, squeaky doors, rusty gates, and all sorts of nature sounds. You are a "living sound effects machine." You have since hired a lawyer, a publicist, and other agents, acting on your behalf, having signed their respective retainer documents, and they have begun acting on your behalf. You don't tell them specifically what you want them to do to further your Social Influence Career, but you expect them to act in your best interest.
You soon meet a fellow Gen Z, who can add music to your sounds, so that your sounds combined with music can now be downloaded as background noise, white noise, sound sleeping sounds, and all downloadable companies, like Spotify, Pandora, Amazon music videos, etc., want your product. Though you did not sign anything with this other Gen Z, you both call yourself the "Sound Men." Soon however, your agents, also acting as your advisors, advise you to distance yourself from the other Gen Z musician, as he could claim you were only, at best, "half as popular until he came along," but you came into this situation with 1M social media followers, but the other Gen Z has little social following.
You refuse to separate from your friend. Later, your agents advise you that your "social influence" and talent are now highly marketable and that you should strongly consider doing business as (DBA) as an officially state sanctioned business partnership, or even an S-Corporation. Can you "spot" the legal topics, what are they? What are your legal options now that you have your GEN Z friend as a co-performer? What should you now do with your advisors, keep them, or let them go? What happens if the worst thing happened, your Friend sues you for half the profits of your name and past social influence success?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started