Fact Pattern 18-B2 (Questions B11-B12 Apply)

question 24

Multiple Choice

Fact Pattern 18-B2 (Questions B11-B12 apply)
Business Computer Solutions Education Service enters into a contract to employ Chandra as an instructor for two years to begin June 1.One month before the term begins,Business Computer is underbid by a competitor and loses a major client,Debt Consolidation Corporation.Business Computer now refuses to hire Chandra.
-Refer to Fact Pattern 18-B2.Under the circumstances,with respect to damages,Chandra can

• A)bring an action immediately.
• B)bring an action only after the contract's two-year term begins.
• C)bring an action only after the contract's two-year term ends.
• D)do nothing.

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Definitions:

Monetary Compensation

Financial payment made to compensate for loss, injury, or suffering.

Right to Vote

The entitlement of individuals to participate in the election of government officials and in making decisions in referendums.

Shareholder Approval

A form of consent required from shareholders before a company can undertake certain corporate actions.

Proxies

Authorized representatives allowed to vote on behalf of another person, especially in the context of corporate shareholder meetings.