1.You are hired to work for a computer firm as their computer programmer for 5years for $40000 a year. A year later your boss' competitor offers you a job for $5000 a year. Your boss turns around and says to you "I will match any offer you receive from someone else, just don't leave me. Are you still bound to work for your boss until your contract is up?

Answer the following:

Does the new money offered form a new contract?

Have you violated your contract with the computer firm?