DB Q 6: Discharge of Obligations, Remedies, & Sales of Goods 9 9
As you read chapters 15, 16, & 17, you will gain insight into methods by which contracts are terminated, types of remedies available when breach results, and how the Uniform Commercial Code in Article 2 governs the sales of physical goods.
In 2000, the hit television show, Friends, encountered a contractual crisis. The six actors who played iconic roles since 1994, had recently signed a valid agreement to be paid $150,000 each per episode, but now threatened to quit the show if they did not get a raise to $1,000,000 each per episode. They all were still under contract at the lower compensation level, but decided collectively to seek a raise immediately, rather than wait another 2 years for the next round of negotiations.
From the perspective of NBC, the employer of the six actors, identify and describe options in response to this threat (breach of contract).
Out of the options listed, select one you believe is the best option for NBC in this case.
