Gaither entered into a contract with a nonprofit corporation

Assignment Help Microeconomics
Reference no: EM13696682

Gaither entered into a contract with a nonprofit corporation whereby Gaither would receive $700 per month while in medical school, provided that he would return to his small hometown, Chester, to practice medicine for ten years after becoming a licensed physician. The residents of Chester voted approval of bonds to construct a medical clinic. Gaither practiced medicine in Chester for about five weeks but then left for Mt. Clement. Do the representatives of the medical clinic and the citizens of Chester have a right to sue Gaither? Explain.

Reference no: EM13696682

Questions Cloud

How will this affect the costs that forest service incurs : Your product fails about 2% of the time, on average. Some customers purchase the extended warranty you offer in which you will replace the product if it fails. Would you want to price the extended warranty at 2% of the product price?
How can uncertainties affect a project : How can uncertainties affect a project? What impact can an unfavourable uncertainty and a favourable uncertainty have on a project? Provide examples. Your response should be at least 200 words in length.
Describe the information asymmetry : Soft selling occurs when a buyer is sceptical of the usefulness of a product and the seller offers to set a price that depends on realized value. For example, suppose you're trying to sell a company a new accounting system that will reduce costs by 1..
What are the three risk dimensions a project team : What are the three risk dimensions a project team needs to address when assessing for project uncertainties? What are possible sources that can affect project uncertainty?
Gaither entered into a contract with a nonprofit corporation : Gaither entered into a contract with a nonprofit corporation whereby Gaither would receive $700 per month while in medical school, provided that he would return to his small hometown, Chester, to practice medicine for ten years after becoming a licen..
Boyce contracts to build a house for anne : Boyce contracts to build a house for Anne. Pursuant to the contract, Boyce and his surety, Travelers, execute a payment bond to Anne by which they promise Anne that all of Boyce’s debts for labor and materials on the house will be paid.
American car market and the japanese car market : Assume the U.S. government increases trade barriers on Japanese cars coming into the United States. What impact would this have on the American car market and the Japanese car market?
About the possibility of greece leaving the euro zone : In the past couple of years, there was much talk about the possibility of Greece leaving the euro zone and reinstating its earlier currency, the drachma. If Greece did leave the euro zone and reinstate the drachma, what do you think the US$/drachma e..
Government accomplish this by increasing or decreasing taxes : Suppose that the MPS in an economy is 0.4, and the government would like to decrease aggregate demand by $50 billion. How could the government accomplish this by increasing or decreasing government expenditures? How could the government accomplish th..

Reviews

Write a Review

Microeconomics Questions & Answers

  Theory of income distribution with marx distribution theory

Compare and contrast John Bates Clark's marginal productivity theory of income distribution with Marx's distribution theory.

  Apart from issues of sustainable yield and stock versus

apart from the issues of sustainable yield and stock versus flow what other issues are becoming apparent when

  Explain the income effect and how this might influence

explain the income effect and how this might influence ticket sales for nfl?do you think wrigleys will raise or lower

  Pet store is considering adding an employee discount

A pet store is considering adding an employee discount of 25 percent off anything in the store to the benefits the employees already receive. What are the long-run implications of adding this benefit to the wages that its employees receive and to the..

  Presume a certain country has a private saving

Presume a certain country has a private saving of 6 % of GDP, capital inflow of 1 % GDP and a balanced budget. What is its level of investment if the budget deficit is 1.5 % of GDP?

  Ceate the performance reporting presentation for riordan

create a performance reporting presentation for the riordan manufacturing go green campaign 1.write a brief opening

  Firm that discusses what should be done

A firm currently uses 50,000 workers to produce 200,000 units of output per day. The daily wage per worker is $80, and the price of the firm's output is $25. The cost of other variable inputs is $400,000 per day.

  Duration of zero coupon bonds

Suppose you invest in zero coupon bonds. One matures in 1 year, paying $100, and its price is $56.93. The other matures in 2 years, paying $1100, and its price is $943.07. Compute the yield-to-maturity on each bond. Compute the duration for each bond..

  Economic historians have argued that the financial system

economic historians have argued that the financial system that emerged in the late 1700s and early 1800s was

  Write a release by using the direct approach to deliver bad

write a release using the direct approach to deliver bad news to a community of stakeholders who care and care quite a

  Using supply and demand graphs illustrate

Monthly cell phone charges used to be as much as 120 a month, but nowadays you can receive similar cell phone coverage for as low as 30 per month, and the number of cell phone users has increased dramatically. Using supply and demand graphs illustrat..

  What is the cpi

What is the CPI (Consumer Price Index) and what significance does it hold in regards to goods and services? Please explain in detail.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd