repare a case study that requires critical thinking. The case study should include related
questions and guiding answers.
•
AMC Corporation has entered into employment contract with a new CEO which includes
$140 million compensation a year, reimbursement for private jet and payment of
luxurious apartment in Manhattan. You are a shareholder in AMC corporation and are
outraged at this corporate waste. What options do you have to challenge the employment
contract?
Here is the full question for the case study that you must complete:
•
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. Which party should prevail and why?
•
With this information, you should now be able to complete the case study as required.

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