Question

A "sunset clause" in an artist management contract provides a roadmap for an orderly de-escalation of the financial obligations between the artist and manager.

a) True
b) False

Answer 1

A 'sunset clause' in an artist management contract outlines the de-escalation of financial obligations between the artist and manager for an orderly transition. This provision helps protect both parties and prevent conflicts in the future.

Step-by-step explanation:

A 'sunset clause' in an artist management contract refers to a provision that outlines the gradual reduction or cessation of financial obligations between the artist and the manager. This clause ensures a smooth and organized transition in the financial relationship. It is typically designed to protect both parties and address any potential conflicts in the future.