Reasons for Signing Contract When Selling Season Tickets - Assignment Example

Breach of contract and fraud are currently rampant in sports. Season ticket sales are a business entity for any sports team, geared toward profit-making achieved through the marketing of sporting teams or athletes. For example, to promote the sale of tickets, an advertisement may capture a starling athlete like Hussien Bolt for a particular season. The champion is likely to draw more sales for tickets. Unfortunately, the starling does not appear in the sporting season. This will trigger the emotions of some fans who bought the tickets to watch Hussein Bolt.

The fans may term this as a breach of contract and sue the business entity entitled to the sale of tickets. Contract signing secures the business from future uncertainties. Fans may want to revoke the contract deal by anonymous reasons like loss of jobs or business failure. Since this is a business deal, the fans will have to abide y the contract or pay dearly for its breach. This is sure security for the business. Fans who venture into the deal are sensitized on the contract so that both parties don’t fall prey on the causes of the law.

Sporting teams rely on ticket sales when making financial plans. The purchase is an evaluation tool for the team in comparison to the fans. The anomalies that arise through the sale of tickets can be resolved by canceling the contract and reselling the ticket to loyal fans (Ammon, Southall, and Nagel 90-96).