Contract Law for Artists Review

What are the key elements of a contract? Choose all that apply *

Offer

Consideration

Acceptance

Mutuality

All of the above

The purpose of a contract is to memorialize the risks and rewards borne by each party *

True

False

Check all that are part of the anatomy of a contract *

Title

Introduction

Recitals

Core Terms

Boilerplate

Signature Blick

All of the above

Define Force Majeure *

When do you need a written contract? *

What is the difference among copyright, trademark and patent? *

Identify the key questions to ask when you are considering granting a license agreement. Choose all that apply *

What rights do you have?

What rights are you giving up completely?

What rights are you “renting” to the other party?

What protections do you want?

Identify the key questions to ask when you are considering accepting a license agreement. Choose all that apply *

What rights are you getting outright?

What rights are you ”renting”?

Indemnification for infringement

Legal Considerations for Artists