Monday, April 9, 2007

UI contracts professor earns fame in EBAY community

by Mellisa Wood

Eager 1L Ben Smith, moved forward with his plans to cash in on his personal collection of snapshots of Professor Colson’s chalkboard drawings by offering them to the highest bidder on EBAY. The three-day auction for the collection of drawings was a hit with more than 120,000 art investors bidding for the chance to own the collection of abstract interpretation of contract law.
Bids poured in until the last second and, when the war was over, the price tag was set at $4780.93 plus $2.99 shipping and handling — unheard of in the new prince of the art world, — “Chalk Art.”
MacDonald, an attorney for prepaid legal services of New Jersey, is the new, proud owner of ”Colson: Contracts in Chalk.” MacDonald refers to his new purchase as functional art. In an exclusive interview, he strained to hide his emotions when explaining the piece was, “so much like a Picasso, yet brings such amazing clarity to the whole hoorah of contract conditions and modifications.”
MacDonald plans to hang the photos above the bar in his office as a decorative “assent.” On the price of the piece, MacDonald gushed, “How do you put a price on inspiration? When I look at this collection, sometimes I see a manatee barking at a pelican, other times I see the rules on the appropriateness of introducing extrinsic evidence. Art as a business tool — can you say tax deduction?”
The seller plans to purchase numerous contract hornbooks with the money earned. Rumor has it that the seller cannot take credit for his ingenious idea of selling contract outlines. Kyle Schou, claims to have paved the way last semester. Unfortunately, his auction was not nearly as snazzy and the photo was from his cell phone. He admittedly made enough to purchase a nice bottle of scotch to drink after the torts final. A fair trade indeed.

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