MBU 1110 Lecture Notes - Lecture 9: Constructive Notice
13 Jan 2017
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I group agreements: draw these up before things go bad, protects against breakups and logistical issues that may arise, include, name. Two common options: (i) split evenly amongst all members (ii) if one or two people do more than others, they get more. Percentages on a record deal can be different than for live performances: control. If an issue arises it allows for resolution. Can correspond with percentages, but doesn"t have to. Each member can get one vote or key members have 2. Try to make it so it doesn"t come out even: hiring and firing. Is everyone free to quit at will? (i) label commitments (ii) tour commitments. Never good to keep someone around that is unhappy, as long as they don"t keep you hanging: anything else. Federal is considered to provide sufficient protection among all states. State is not as strong as federal: national registration. Principle registration must be distinctive as opposed to.
