Wombat entered into an oral employment contract

Assignment Help Financial Accounting

Reference no: EM13721085

Please read the paragraph and then thoroughly answer the questions below.

Wombat entered into an oral employment contract with Tony's Toy Company. Tony's has orally agreed to hire Wombat for three years as a district manager. Wombat quit his job, sold his house, and moved his wife and five children to another state in order to start the new job. One month later, Tony's informed Wombat that things weren't working out and that his job was terminated.

1. Is this contract enforceable under the Statute of Frauds? Remember to carefully read the Statute of Frauds as it specifically relates to oral contracts.
2. Is it enforceable under any other theory under which Wombat may recover damages from Tony's Toy Company?
3. Are there ethical considerations that apply to this case?

Reference no: EM13721085

Questions Cloud

Importance of team preparation and member selection : What conclusions can you reach on the importance of team preparation and member selection to the "Define" stage, and eventual success of Six Sigma projects, such as the PIVOT project?

Discuss the importance of non-verbal behaviors of defendants : Discuss the importance of non-verbal behaviors of defendants in terms of potential courtroom disruptions. Give two examples of how the demeanor of parties in a courtroom might tip off observant courtroom security personnel and/or the court wor..

Calculate the initial velocity of the projectile ball : Calculate the initial velocity of the projectile ball. Note that θaverage is the average height from the small m is the mass of the projectile ball, and the capital M is the mass of the pendulum arm

Alignment of hrm and business strategies : Select a publicly traded company to research and evaluate its Human Resource (HR) and business strategy, HR department job positions, and ways it markets its company regarding human capital. Some company Websites that provide this information are ..

Wombat entered into an oral employment contract : Wombat entered into an oral employment contract with Tony's Toy Company. Tony's has orally agreed to hire Wombat for three years as a district manager. Wombat quit his job, sold his house, and moved his wife and five children to another state i..

Operating systems and distinguish potential threats : Working operating systems and distinguish potential threats that could harm business operations. The recommendations that are offered as the result of a risk analysis focus on the continuous development of security software for protecting infor..

Australians speleological app project : Australians Speleological App Project - Ideally the business case should contain

Persuasive requests and sales messages : Analyze persuasive requests and sales messages. What traits do persuasive requests and sales messages share in common and how do they differ? Defend your analysis with supporting examples.

Research starbucks organizational culture : Using the Internet research Starbucks' organizational culture and the key leadership and management traits used to execute the business strategy.

User Account

All Pages