B
A FILMMAKER'S GUIDE TO CONTRACT LAW
In this section you will learn the basics of contract law. Topics include:
- What is a contract? (p. 368)
- The elements of a valid contract (p. 368)
- Express and implied contracts (p. 371)
- Breach of contract (p. 371)
- Remedies for breach of contract (p. 372)
CONTRACT LAW: AN OVERVIEW
THE SCRIPT OF THE DEAL
A contract is a portrait of a transaction—the script of the deal. It is a legally enforceable agreement that spells out the rights and obligations of each contracting party.
- If one party breaches the contract, the other party may sue for damages, usually money. (See “Breach of Contract,” p. 371.)
- If money is not sufficient compensation, equitable remedies may apply, such as injunctions, which are court ...
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