It seems business owners sign an agreement with the Shark Tank folks giving them a 2% stake in sales, regardless of whether any of the "sharks" makes a deal. And even if a deal is struck (i.e., the parties enter into an oral agreement), it does not necessarily mean the parties are obligated to business with each other. "How can this be?" asks the 1L in Contracts. My answer: it depends on the contract language.
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