LAW 122 Study Guide - Final Guide: Making Money, Ryerson University

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Document Summary

Tim and elsa have taken some classes together at ryerson university. During one of their study sessions, they came up with a terrific idea for a new app. They decided to work together to develop the app. Elsa agreed to take the lead on the programming for the app, while tim took responsibility for the marketing. Aside from agreeing to this division of labour and agreeing to split any profits 50-50, tim and elsa did not write anything about their arrangement down. After several months of hard work, they were close to being able to launch their app. Shortly before the launch, however, elsa learned that tim had cut some corners on the marketing work. She became concerned that some of the copy used to promote the app might violate copyright. Furthermore, some of the marketing techniques adopted by tim seemed like false or misleading advertising.

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