In Welles v. The Academy of Motion Pictures and Sciences, Ms. Welles argued that the addendum...

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In Welles v. The Academy of Motion Pictures and Sciences, Ms. Welles argued that the addendum that she signed for the Academy prohibiting the sale of the Oscar statuette unless first offered to the Academy for $1 did not apply to her. Which of the following best reflects the legal response of the Academy in court to this claim of Ms. Welles? Select one: a. The Academy argued that as Ms. Welles received the statuette ultimately from Mr. Welles, she was bound by the agreements that Mr. Welles entered into with the Academy, and therefore she could not sell the statuette to anyone before first offering it to the Academy for $1 b.The Academy argued that the Addendum was clearly meant to apply to Ms. Welles, and asked the court to reform the contract to reflect that clear intention. c.The Academy argued that the Addendum did apply to Ms. Welles as she had signed it d.The Academy argued that according to the objective theory of contracts, what Ms. Welles thought did not matter. She had agreed to the Addendurlewith her actions, and therefore the Addendum did apply to her. In Welles v. The Academy of Motion Pictures and Sciences, Ms. Welles argued that the addendum that she signed for the Academy prohibiting the sale of the Oscar statuette unless first offered to the Academy for $1 did not apply to her. Which of the following best reflects the legal response of the Academy in court to this claim of Ms. Welles? Select one: a. The Academy argued that as Ms. Welles received the statuette ultimately from Mr. Welles, she was bound by the agreements that Mr. Welles entered into with the Academy, and therefore she could not sell the statuette to anyone before first offering it to the Academy for $1 b.The Academy argued that the Addendum was clearly meant to apply to Ms. Welles, and asked the court to reform the contract to reflect that clear intention. c.The Academy argued that the Addendum did apply to Ms. Welles as she had signed it d.The Academy argued that according to the objective theory of contracts, what Ms. Welles thought did not matter. She had agreed to the Addendurlewith her actions, and therefore the Addendum did apply to her.

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The Academy argued that the add endum was binding ... View the full answer