LAW 101

Action Items Prepare a case study that requires critical thinking. The case study should include related questions and guiding answers. J.C., Inc., had a franchise agreement with McDonalds Corporation to operate McDonalds restaurants in Lancaster, Ohio. The agreement required J.C. to make monthly payments to McDonalds of certain percentages of the gross sales. If any payment was more than 30 days late, McDonalds had the right to terminate the franchise. The agreement also stated that even if McDonalds accepted a late payment, that would not constitute a waiver of any subsequent breach.