Rashi Contracts to Work for Social Data Analysis Corporation During

question 31

Multiple Choice

Rashi contracts to work for Social Data Analysis Corporation during June for $4,500.On May 31,Social Data cancels the contract.Rashi declines a job of a different type and rank with Tech Collection,Inc.,which would have paid $3500.Rashi files a suit against Social Data.As compensatory damages,Rashi can recover

• A)$4,500.
• B)$4,000.
• C)$500.
• D)$0.

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Definitions:

Treasury Bills

Short-term government securities issued at a discount from face value and mature in a year or less, representing a safe and liquid investment option.

Risky Stock

A stock that carries a high level of volatility and uncertain returns, often associated with companies in emerging or highly competitive sectors.