Elucidate your answer using legal terminology

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Reference no: EM1395524

Q. Ken, a research chemist, has been promised a fellowship with a stipend of $10,000 to do research on synthetic fuel oil. Under the terms of the fellowship, Ken is free to use the money as he sees fit. Ken decides to build his own laboratory, so he will not have to rent one. He hires a carpenter who begins working on shelving also cabinets in the laboratory. Then Ken receives a telegram saying the fellowship has been cancelled. No reason is given for the cancellation. If Ken sues, will he be able to collect the money from the foundation which promised the fellowship? Elucidate your answer using legal terminology.

Reference no: EM1395524

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