Can u help me answer 1-5?

Scenario You are the manager of the Capital Performing Arts Center. The Center is one of the primary entertainment venues in town and Gypsy Violets is performing in concert this evening. As you are preparing for the financial settlement with the promoter, Rob Blind, you discover that the event contract has not been signed by both parties. By this time, the concert is well underway-close to intermission. Subsequently, Rob comes into your office to settle the show's financial arrangements. You inform him about the unsigned contract and ask him to sign your file copy of the contract prior to the financial settlement. Rob Blind states that the original signed contract is back in his office and he will have it sent overnight to you when he returns to his office the next day. Gypsy Violets is a very popular group, and the show was almost sold out. Therefore, based on ticket sales, the Capital Performing Arts Center qualifies for the maximum rent of $8,000 as outline in the rental contract. Rob Blind states that due to the overwhelming success of this event, it is obvious that the Capital Performing Arts Center will derive additional ancillary revenues in concessions and merchandise sales that evening. As a result, Rob feels that capping the overall rent at $4,000 is only fair. As an astute venue manager, you argue vehemently with Rob Blind that there will be no rent reduction. Rob counters back that you do not have a signed agreement in place to enforce and he is willing to pay only $4,000 in rent for this event. If you do not meet his demands, Rob threatens that he will no longer bring events to your venue. Assignment The financial settlement process represents the formal accounting and distribution of funds related to venue events. It is an activity that is somewhat unique to the public assembly venue management industry. The process itself is not as unique as is the timing of the activity. It is essential for the venue manager to have a signed copy of the venue's lease agreement if a commercial promoter is renting the venue. The terms of the contract define the financial relationships between the two parties (i.e., venue management and the event promoter) as well as the details of "the deal" that must be strictly adhered to during the event financial settlement. As the manager of the Capital Performing Arts Center, describe how you will address each of the following questions: 1. What major oversight led to this dilemma? 2. How will you resolve the financial settlement dispute regarding the rent cap? 3. What leverage do you have to enforce the unsigned contract provision for the venue rental fee? 4. What are two major issues that need to be considered in the resolution process? 5. What steps should be taken to ensure this situation does not happen again