Your business is planning its annual Christmas dinner and combined fundraiser for your business charity that relies on your annual pledge of $3,000 before the first of next year. It is decided to feature a speaker who will attract a huge crowd. You (on behalf of your business) contact Peyton Manning to be the keynote speaker. However, two weeks before the event, Peyton calls and says that he would like his cousin to speak on his behalf. He will still attend but prefers to sit in the audience and not give any autographs or interviews. What legal options, if any, do you have regarding the agreement with Peyton Manning?

Discuss compensatory damages should your business suffer additional costs.

Discuss specific performance because Peyton Manning has a particular reputation and persona.

Discuss if consequential damages could be sought.

What are liquidated damages, and could they apply in this situation?