In May,Rolf Agrees to Work for Soda Sales Company at $800

question 21

Essay

In May,Rolf agrees to work for Soda Sales Company at $800 per week for a year beginning June 1.The following January,Tropic Beverages,Inc. ,offers Rolf the same work at $900 per week.Rolf tells Soda about the offer.Soda offers to enter into a new contract with Rolf at $875 per week.If Rolf agrees,is the new Soda contract enforce?able? Why or why not?

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Definitions:

Capital Gains Yield

The price appreciation component of the total return on an investment, calculated as the increase in the investment's price divided by its initial price.

Dividends

Profit distributions paid out to shareholders by a company.

Shares

Ownership units in a corporation, representing a portion of the company's capital.

Total Percentage Return

A metric that measures the total return on an investment, including both capital gains and dividends or interest, as a percentage of the initial investment.