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Jack is an accountant who works for the firm of Readum & Weep.Jack was approached by Ima Phool,who represents one of Readum's competitors,Numbers R Us.Jack was offered a substantial raise to leave his company and work for Numbers.When Jack's boss heard this he called him in and said,"If you agree to stay with us for at least five years,I promise that next year you will receive a promotion with a 50% raise,and a 5-year contract." Jack turned down the offer and stayed with Readum.Nine months later Jack was dismissed due to corporate downsizing.Can Jack legally enforce his boss's promise? What theory or theories would Jack use? Discuss fully.
Terms
Conditions and stipulations under which agreements are made, including those governing loans, contracts, and sales.
Posture-Perfect Mattresses
A brand or type of mattresses designed to support proper sleeping posture and reduce back pain.
Second Discount
An additional reduction in price applied after a first discount has already been deducted.
Safeguard Security Systems
Measures or devices designed to protect against unauthorized access, theft, or damage.
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