This release pertains to a disputed claim and does not constitute an admission of liability by either party for the above-described transaction.
This release pertains to a disputed claim and does not constitute an admission of liability by either party for the above-described transaction.
May 7, 2020 Comments Off on This release pertains to a disputed claim and does not constitute an admission of liability by either party for the above-described transaction. Uncategorized Assignment-helpOn February 20, 2020 Minnie Mouse was driving her car in Anaheim, CA.. She needed to get fresh air and was driving near Disneyland. While she was driving, she was listening to the news on her radio and was very upset by the news about the Corona virus and that Disneyland may close indefinitely. She kept driving and just could not believe what was happening. At approximately 11:00 p.m., Minnie went into the intersection at Harbor Blvd and Ball Road. As she entered the intersection, she collided with another car that was being driven by Bugs Bunny. Both drivers got out and inspected the cars and took the proper information from each other and left. It was estimated that there was damage to each car. Bugs had his attorneys contact Minnie after the accident. Minnie was so distraught, she thinks that she went through a red light and caused the accident. She negotiated with Bug’s attorneys and was willing to pay $4,000 to make this go away. Bugs lives at 1313 Mockingbird Lane, Pasadena, CA 91107 and Minnie lives at 123 Mickey Mouse Road, Disneyland, CA 92802. Minnie comes to you and asks you if you would write a release for her. Below, please find the form for a general release. You are to keep the recital of facts as neutral as possible. Since this is a release signed by both parties, there cannot be an admission of liability. Also, edit the entire form so the tenses are proper. Please fill it out completely and submit it on Canvas. ———————————————————————————————————————————————————GENERAL RELEASE OF EXISTING CLAIMS[BUGS BUNNY [street address], [city and state], hereinafter referred to as “Bugs,” and MINNIE MOUSE, [street address], [city and state], hereinafter referred to as “Minnie” in consideration of the promises made herein, agree as follows:[You must put in a legally accurate description of the event. Remember, date, time, location and any other identifying information as to the incident. Keep this neutral.] Bugs, on behalf of himself/herself/their selves, his/her/their heirs, executors, administrators, and assigns, and in consideration of $___________ paid to him/her/them by Minnie hereby fully releases Minnie , his/her/their successors, and all other persons and associations, known or unknown, from all claims and causes of action by reason of any injury and/or damage which has been sustained, or may be sustained, as a result of the above-described transaction .Minnie on behalf of himself/herself/their selves, his/her/their heirs, executors, administrators, and assigns, and in consideration of paying $___________ to Bugs, hereby fully releases Bugs , his/her/their successors, and all other persons and associations, known or unknown, from all claims and causes of action by reason of any injury and/or damage which has been sustained, or may be sustained, as a result of the above-described transaction .Each party acknowledges and agrees that this release applies to all claims that each party may have against the other party arising out of the above-described transaction for injuries, damages, or losses to the other party’s person and property, real or personal, whether those injuries, damages, or losses are known or unknown, foreseen or unforeseen, or patent or latent.Each party certifies that he/she/they have read Section 1542 of the Civil Code, set out below, and indicates that fact by signing his/her initials here: .”A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release and that, if known by him or her, would have materially affected his or her settlement with the debtor or released party” Each party hereby waives application of Section 1542 of the Civil Code.Each party understands and acknowledges that the significance and consequence of this waiver of Section 1542 of the Civil Code is that even if either party should eventually suffer additional damages arising out of the above-described transaction, he/she/they will not be permitted to make any claim for those damages. Furthermore, both parties acknowledges that he/she/they intend these consequences even as to claims for injury and/or damages that may exist as of the date of this release but which either party does not know exist, and which, if known, would materially affect either party’s decision to execute this release, regardless of whether either party’s lack of knowledge is the result of ignorance, oversight, error, negligence, or any other cause.Each party warrants and represents that in executing this release, he/she/they have relied on legal advice from the attorney of his/her choice, that the terms of this release and its consequences have been completely read and explained to each party by their respective attorney, and that each party fully understands the terms of this release.Each party further acknowledges and represents that, in executing this release, he/she/they have not relied on any inducements, promises, or representations made by the opposing party or any party representing or serving the opposing party.Each party acknowledges and warrants that his/her/their execution of this release is free and voluntary.This release pertains to a disputed claim and does not constitute an admission of liability by either party for the above-described transaction.