Big Time Toymaker

May 5th, 2015
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I found that the only actual agreement between the two parties was at the very beginning. The agreement that BTT paid $25,000 to Chou for exclusive negotiation rights ended after the 90-day period. After this there was no actual contract. There was talk of a contract to be drafted and an email but neither was an actual contact.

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Big Time Toymaker1. At what point, if ever, did the parties have a contract?I found that the only actual agreement between the two parties was at the very beginning. The agreement that BTT paid $25,000 to Chou for exclusive negotiation rights ended after the 90-day period. After this there was no actual contract. There was talk of a contract to be drafted and an email but neither was an actual contact. Since there were no signatures from both parties, there was no legally binding contract present.2. What facts may weigh in favor of or against Chou in terms of the parties objective i

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