Answered step by step
Verified Expert Solution
Question
1 Approved Answer
D Question 14 I pts Despite the pandemic and tough job market, you were able to Zoom through many job interviews Shortly after an interview
D Question 14 I pts Despite the pandemic and tough job market, you were able to Zoom through many job interviews Shortly after an interview in March, Funny Money phoned and offered you a one-year contract as a Financial Consultant, to begin work when you graduate in mid-May You worn delighted with the offer and accepted it immediately In July, FunnyMoney began laying off employees and as one of the newest staff members you are concerned that you might be terminated. Which statement is correct? O This would be a vold. illusory contract. This contract relates to business, so the Statute of Frauds requirements of the Uniform Commercial Code would apply Your oral contract is enforceable since you can complete performance within one year from the date your parformance began in mid-May Since your contract was oral, and your performance will not bo completed until mid-May of 2023, they can fire you anytime, and not pay you for the future, remaining portion of the contract
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started