Management and Organizational Studies 2275A/B Lecture Notes - Lecture 2: Liquidated Damages, Estoppel, New York Yankees

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2275A/B
• Professor: Philip King

Document Summary

Two-year-old girl was hit by a foul ball and caused injury. 2 types of claims spectators make against sporting venue. Premise claim: slips and falls, or any physical issue at the premise. Projectile claim: getting hit by a piece of equipment. F(cid:28674)(cid:28677) (cid:28661)(cid:28674)(cid:28679)(cid:28667) (cid:28662)(cid:28671)(cid:28660)(cid:28668)(cid:28672)(cid:28678), (cid:28672)(cid:28680)(cid:28678)(cid:28679) (cid:28667)(cid:28660)(cid:28681)(cid:28664) (cid:28664)(cid:28681)(cid:28668)(cid:28663)(cid:28664)(cid:28673)(cid:28662)(cid:28664) (cid:28674)(cid:28665) (cid:28679)(cid:28667)(cid:28664) (cid:28681)(cid:28664)(cid:28673)(cid:28680)(cid:28664)"(cid:28678) (cid:28673)(cid:28664)(cid:28666)(cid:28671)(cid:28668)(cid:28666)(cid:28664)(cid:28673)(cid:28662)(cid:28664) (did they act reasonably?) New york yankee stadium didn"(cid:28679) (cid:28664)(cid:28683)(cid:28679)(cid:28664)(cid:28673)(cid:28663) (cid:28679)(cid:28667)(cid:28664)(cid:28668)(cid:28677) (cid:28673)(cid:28664)(cid:28679)(cid:28679)(cid:28668)(cid:28673)(cid:28666) (cid:28679)(cid:28674) (cid:28679)(cid:28667)(cid:28664) (cid:28664)(cid:28673)(cid:28663) (cid:28674)(cid:28665) (cid:28679)(cid:28667)(cid:28664) (cid:28663)(cid:28680)(cid:28666)(cid:28674)(cid:28680)(cid:28679)(cid:28678), (cid:28661)(cid:28680)(cid:28679) having netting until the edge of the dugout complies with the regulations. (cid:28647)(cid:28667)(cid:28664) (cid:28666)(cid:28668)(cid:28677)(cid:28671) (cid:28682)(cid:28674)(cid:28680)(cid:28671)(cid:28663)(cid:28673)"(cid:28679) (cid:28667)(cid:28660)(cid:28681)(cid:28664) (cid:28661)(cid:28664)(cid:28664)(cid:28673) (cid:28667)(cid:28668)(cid:28679) (cid:28668)(cid:28665) (cid:28679)(cid:28667)(cid:28664)(cid:28677)(cid:28664) (cid:28682)(cid:28664)(cid:28677)(cid:28664) (cid:28673)(cid:28664)(cid:28679)(cid:28679)(cid:28668)(cid:28673)(cid:28666) Their insurance carrier may insist upon it. Major league base ball may revisit their regulations to prevent less injuries. Carriers have vastly more resources and bargaining power. Yet these contracts are legally enforceable because we agreed to it and signed it. A contract is enforceable if you voluntarily agree to it.