Question: Matrix Inc. contracts with Smalltown Economic Development Corp. to build a factory in Smalltown that will employ 1,000 workers from Smalltown. Matrix later breaches this

Matrix Inc. contracts with Smalltown Economic Development Corp. to build a factory in Smalltown that will employ 1,000 workers from Smalltown. Matrix later breaches this contract, and Smalltown citizens who were expecting to be employed sue Matrix for breach of its contract. Smalltown citizens' best argument for damages involves the legal doctrine of A. implied-in-fact contract. B. privity of contracts. C. quasi-contracts. D. intended beneficiaries

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

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

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Law Questions!

One third of company X's asset purchases were financed by taking out a loan from the bank. The remainder of the asset purchases were financed by selling shares of company X's common stock. What is...

Matrix, Inc. contracts with Smalltown Economic Development Corp. to build a factory in Smalltown that will employ 1 , 0 0 0 workers from Smalltown. Matrix later breaches this contract, and Smalltown...

Ethical and Sustainable Procurement with input from Leading global excellence in procurement and supply CONTENTS Introduc on 3 Considera ons when sourcing from another country 4 Organisa onal...

GOOD DAY MY BEST WRITER ATTACHED HERE IS MY INT 620 FINAL PROJECT ,I AM ALSO ATTACHING WHAT I HAVE WRITTEN ON HISTORIC BACKGROUND, MILESTONE ONE ,AND MILESTONE TWO FOR YOU TO COMBINED UPGRADE AND DO...

The Situation: Mega Store, Inc. ( MSI ) purchases Smalltown Hardware store. As part of the purchase agreement, MSI agrees to pay all the creditors of Smalltown Hardware store. One creditor is Nuts &...

1- on may 15, 2007, matrix inc sold building materials 1-On May 15, 2007, Matrix, Inc sold building materials for $12, 500 that are 9% sales tax. 2-On May 16, 2007, Matrix, Inc received $8,000 in...

PARTIT RECORD THE FOLLOWING TRANSACTIONS IN THE GENERAL JOURNAL: 1-On May 15, 2007, Matrix, Inc sold building materials for $10.000 that are subject to a 9% sales tax 2-On May 16, 2007, Matrix, Inc...

PART1 The following expenditures and receipts are related to land, land improvem acquired for use in a business enterprise. Determine how the following ents, and buildings should be classified: (a)...

RECORD THE FOLLOWING TRANSACTIONS IN THE GENERAL JOURNAL: 1-On May 15, 2007, Matrix, Inc sold building materials for $ 10,500 that are subject to a 9% sales tax. 2-On May 16, 2007, Matrix, Inc...

Joe is a director of Matrix Corporation. As a director, Joe can act as an agent to bind Matrix: in no circumstances. in all circumstances. to any contract that represents a corporate opportunity for...

Nori Stores contracts to purchase $1,000,000 of goods from a clothing manufacturer. Nori receives the first $100,000 worth of goods. The goods are materially defective, and the defect cannot be...

A vibrating system has the following constants: m= 17.5 kg, k = 70 N/cm, and c =0.7 N/cm/s. Determine: (a) the damping factor; (b) the natural frequency of damped vibration; (c) the logarithmic...

On January 1, 2015, the City of Hastings created a solid waste landfill that it expects to reach capacity gradually over the next 20 years. If the landfill were to be closed at the current time,...

A multiloop block diagram is shown in Figure AP9.10. (a) Compute the transfer function T1s2 = Y1s2>R1s2. (b) Determine K such that the steady-state tracking error to a unit step input R1s2 = 1>s is...

Cost-Volume-Profit (CVP) Relationships a. Selling Price : You sell a case of cookies for $16 b. Breakeven point: Calculate the breakeven point. Be sure to include the fixed component of mixed cost in...

Massmay Ham Company produces ham and bacon and is expected to earn $6 per share next year and pay out $1.20 in dividends. They project 10% dividend growth for the next three years. Then, dividends...

Assume that the Special Contract Division of Smith experienced the following transactions during the year ended December 31, 2020. i (Click the icon to view the transactions.) Requirements 1. Prepare...

After completing and documenting the ADA procedures, the auditor evaluates the audit evidence obtained and develops a conclusion based on the audit evidence. Indicate what the conclusion relates to....

Identify which one of the six key steps in performing an ADA technique is represented by the following statement: "During this step, the initial ADA technique selected will be confirmed, the...

Write a program to wish happy birthday to a student. Firstly, take today month and day as an input and secondly take birthday as an input in the form of month and day. If the input day and month...

Pay him, do not wait until I sign

Tell what you mean without sounding too dominant, i.e. show authority without sounding instructive

Speak clearly and distinctly with moderate energy