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Clause & Effect: <b>Examining Validity Of Game Show Releases and Rules
Game shows based on contestants giving answers to questions often use releases signed by contestants to build in leeway into how those questions may be structured. What if a question has a mostly correct, but not the absolutely correct, answer? In the case of the TV game show “Who Wants to Be a Millionaire,” Richard Rosner, a contestant presented with this type of question, filed suit after he was eliminated from the show.
The question was: “What capital city is located at the highest altitude above sea level?” Of the four possible answers, Rosner chose Katmandu, the lowest in altitude of the four cities given. La Paz, Bolivia, which wasn't offered as an answer choice, is actually the highest-altitude capital city in the world. Before participating in the program, Rosner had reviewed and signed a contestant release-and-eligibility form, and a copy of the show's rules.
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Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
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Coverage Issues Stemming from Dry Cleaner Contamination Suits
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.