A ASE STUDY ( 700 WORDS )
J.C., Inc., had a franchise agreement with McDonaldàCorporation to operate McDonaldÊrestaurants in Lancaster, Ohio. The agreement required J.C. to make monthly payments to
McDonaldàof certain percentages of the gross sales. If any payment was more than 30 days
late, McDonaldàhad the right to terminate the franchise. The agreement also stated that even if
McDonaldàaccepted a late payment, that would not ïnstitute a waiver of any subsequent
breach.
cDonaldàsometimes accepted J.C.àlate payments, but when J.C. defaulted on the
payments in July 2010, McDonaldàgave notice of 30 days to comply or surrender possession of
the restaurants. J.C. missed the deadline. McDonaldàdemanded that J.C. vacate the restaurants,
but J.C. refused. McDonaldàfiles a lawsuit alleging that J.C. had violated the franchise
agreement. J.C claimed that McDonaldàhad breached the implied covenant of good faith and
fair dealing.
– Identify the parties involved in the case dispute (who is the plaintiff and who is the defendant).
– Identify the facts associated with the case and fact patterns.
– Develop the appropriate legal issue(s) in question (i.e., the specific legal issue between the two
parties). Provide a judgment on who should win the case – be clear.
– Support your decision with an appropriate rule of law.
– Which party should prevail and why?
B %xplain the following ( 300 words )
What are the differences between general partners and limited partners in a limited partnership?

Purchase answer to see full
attachment