Answer the following statement(s) true (T) or false (F)

1. Labels generally prefer that artists have weak personal managers so that the label can better
influence the direction of the artist’s career.
2. Specifying when an artist may demand a financial audit is no longer necessary since the frequency of
such audits is now specified in state law.
3. Your text advises that an artist must usually warrant to the personal manager that the artist
(whether an individual or a group) is the sole owner of the professional name.
4. 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.
5. A common method of settling disputes surrounding artist management contracts is to submit the
issues to arbitration.

1. False
2. False
3. True
4. True
5. True