Question: Melissa, an accounting student, interviews for a job with two firms. She really wants to work for Firm X but gets an offer of employment

Melissa, an accounting student, interviews for a job with two firms. She really wants to work for Firm X but gets an offer of employment from Firm Y first and accepts it. A week later she receives offer from Firm X which she also accepts. She does so because she believes she is economically better off with firm X and will be able to “cancel” her acceptance with Firm Y.
a. What is Melissa’s legal situation now?
b. Even assuming that she is better off economically by joining firm X, what other costs does she face?
c. Do you think that Firm Y will sue Melissa for breach of contract because she has accepted an employment offer elsewhere?
d. What could Melissa have done to prevent this situation from occurring in the first place?
e. What should Melissa do now?

Step by Step Solution

★★★★★

3.51 Rating (154 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

a Melissa appears to be in two contracts b She must be prepared to face the costs of a lawsuit for b... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

690-L-B-L-C (1929).docx

120 KBs Word File

Students Have Also Explored These Related Business Law Questions!

Melissa Estes, a beginning accounting student, believes debit balances are favorable and credit balances are unfavorable. Is Melissa correct? Discuss.

Vanessa is an intern in the Accounting Department at Keller Industries, a manufacturer of precision medical instruments. She is anxious to make a good impression because she wants to be offered a...

Veronica is an intern in the Accounting Department at Kessler Industries, a manufacturer of precision medical instruments. She is anxious to make a good impression because she wants to be offered a...

3. Melissa, an accounting student, interviews for a job with two firms. She really wants to work for Firm X but gets an offer of employment from Firm Y first and accepts it. A week later she receives...

Melissa, an accounting student, interviews for a job with two firms. She really wants to work for Firm X but gets an offer of employment from Firm Y first and accepts it. A week later she receives...

pls answer as soon as possible 3. Melissa, an accounting student, interviews for a job with two firms. She really wants to work for Firm X but gets an offer of employment from Firm Y first and...

1.Trackers is a manufacturer of steel tracking, which is used by customers in a variety of applications. Trackers' business is booming, and its scheduling is tight for meeting delivery commitments....

Situations for Discussion 1.Trackers is a manufacturer of steel tracking, which is used by customers in a variety of applications. Trackers' business is booming, and its scheduling is tight for...

Melissa, an accounting students, interviews for a job with two firms. she really wants to work for firm X but she gets an offer of employment from firm Y first and accepts it. A week later she...

Office Industries uses a final average formula to calculate employees' pension benefits. The calculations use the salary average of the final four years of employment. The retiree will receive an...

Define humanities. Identify three major areas in the study of humanities and explain why they are important to our lives. Also offer your opinion about the study of humanities as a requirement for...

ulia is considering trading in her car for a new one. Her new car payment would be $ 3 1 5 3 1 5 per month, and her insurance cost would increase by $ 5 5 5 5 per month. Julia determines that her...

General Engine (GE) is the only producer of new jet engines for general aviation aircraft. Demand for a single engine is P = 2,000,000 Q, while the MCs of producing an engine are MC = 1,999Q. a What...

The bone occurs naturally in the meat; it is not something that was accidentally added during processing. How can it be negligence to serve a food in its natural state?

1. How will a jury decide what a reasonable consumer would expect to encounter in food? 2. This ruling creates a serious difficulty for Wendys and its lawyer, in terms of arguing to the jury. What is...

The facts may present a difficulty for Goodman. What is it?

Mary borrowed $170,000 to buy a house. The loan had a 30-year term with monthly payments at 9.25% per annum interest. Now she wants to sell the house after 5 years and two months since the loan date....

Consider the following information of a Whole Life policy and a Term Life policy: Guaranteed Contract Premium Guaranteed Death Benefit Projected Dividend Projected Cash Value Term Premium $2,300...

grading: 333-99+1pt good luck and all the best If sales volume decreases, and all other factors remain unchanged, the 1. contribution margin ratio will decrease - t/f. 2. In two companies making the...