Highlights
Facts:
You are a commercial contracts lawyer who has been retained by Elsa, Anna, Olaf and Kristoff to help them understand their rights/responsibilities as per their negotiations with Disney re: the Frozen franchise. The facts and issues are as follows:
a.
Disney have offered Elsa $100.00 in consideration for her committing to a 12-month shoot. Elsa is a little dismayed because Frozen 3 is projected to make in excess of 1 billion dollars.
Elsa wants to know whether $100.00 is satisfactory in terms of constituting a legally binding contract?
b.
Anna is concerned that Disney may add in additional considerations once an agreement is reached between them. Can Disney do this?
c.
Kristoff has been promised by Disney to be paid additional sums of money if he performs additional tasks. He has not previously performed these tasks and they are tasks that fall outside of those duties and responsibilities of his original contract. Will Disney be bound to pay him the additional sums?
d.
Olaf has been promised by Disney to be paid additional sums of money if he performs additional tasks. Although he has not previously performed these tasks, they were both foreseeable and noted when he signed his original contract. Will Disney be bound to pay him the additional sums?
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