Handy Hardware Store Agrees to Hire Ilsa for One Year

question 6

Multiple Choice

Handy Hardware Store agrees to hire Ilsa for one year at a salary of $500 per week.When Handy cancels the contract,Ilsa spends $100 to obtain a similar job that pays $450 per week for a year.Ilsa is entitled to recover

• A)the amount of the wages that Handy promised only.
• B)the difference between the wages at the two jobs only.
• C)the difference between the wages at the two jobs plus $100.
• D)$100 only.

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Definitions:

Nervous System

The complex network of nerve cells and fibers that transmits nerve impulses between parts of the body.

OECD

The Organisation for Economic Co-operation and Development, an international organization that works to build better policies for better lives among its member countries.

Tax Revenue

The financial resources acquired by governments via taxation.

Payroll Taxes

Taxes imposed on employers and employees, calculated as a percentage of the salaries that employers pay to their staff.