What are the arguments in favor of susan taking back

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Reference no: EM132180071

Case: Fordham vs Susan

Susan was graduate of Fordham and had made millions since graduating. Susan acquired a taste for art and had amassed a sizable collection of paintings, sculpture, and multi-media works over the past decade. Fordham, looking for way to capitalize on the colleges new art facilities, arranged for Susan to display her art Fordham indefinitely. In accommodating the collection, Fordham spent tens of thousands of dollars and devoted 3 full time employees to hanging, lighting, managing and securing the collection. After only 18 months, Susan has decided to take back the collection. A letter of understand from Susan to Fordham states that the collection will be housed at Fordham indefinably and that upon Susan's death she intends to bequeath 80% of the collection to Fordham.

a.) What are the arguments in favor of Susan taking back the collection after 18 months with no ramifications

b.) What are the arguments in favor of Fordham keeping the collection and for how long?

Reference no: EM132180071

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