Over the Years, Jennifer Has Acted in a Number of Supporting

question 23

True/False

Over the years, Jennifer has acted in a number of supporting roles on TV sitcoms. Her last contract obligated her to perform in 22 episodes for a stipend of $500 per episode. Upon completion of the 11th episode, Jennifer broke her leg and was not able to complete the episodes in a timely manner. The studio claimed that Jennifer broke her contract and they are not obligated to pay her. She is confident that an impartial third party will view her circumstances as exceptional and will rule that she be reimbursed for the 11 performances. She has agreed to mediation.

---

Definitions:

Horizontal Merger

A business consolidation that occurs between two firms that operate in the same industry, often aimed at increasing market share and reducing competition.

Conglomerate Merger

A type of merger where two companies that operate in entirely different industries combine resources or operations.

Not-for-profit Organizations

entities that operate for purposes other than making a profit, often focusing on social, educational, humanitarian, or cultural objectives.

For-profit Companies

For-profit companies are businesses that operate with the primary goal of earning financial profit for their owners or shareholders.