Rita contracts to work for Social Media Corporation (SMC) during April for $4,500. On March 31, SMC cancels the contract. In mitigation, Rita obtains a similar job with Tech Talk, Inc., which pays $3,500. But she needs to relocate for a week to do so. Her motel bills are $350.00. Rita files a suit against SMC. Rita can recover $4,500. $3,500. $1,350. a. b. c. d. $0.
Rita contracts to work for Social Media Corporation (SMC) during April for $4,500. On March 31, SMC cancels the contract. In mitigation, Rita obtains a similar job with Tech Talk, Inc., which pays $3,500. But she needs to relocate for a week to do so. Her motel bills are $350.00. Rita files a suit against SMC. Rita can recover $4,500. $3,500. $1,350. a. b. c. d. $0.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Give typing answer with explanation and conclusion
![Rita contracts to work for Social Media Corporation (SMC) during April for $4,500. On
March 31, SMC cancels the contract. In mitigation, Rita obtains a similar job with Tech
Talk, Inc., which pays $3,500. But she needs to relocate for a week to do so. Her motel
bills are $350.00. Rita files a suit against SMC. Rita can recover
$4,500.
$3,500.
$1,350.
a.
b.
c.
d.
$0.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Faf6e8637-d378-4b32-8da0-17a9b849fdac%2Ffe491efa-2dcd-42aa-8bc0-fd64849a2316%2F5ojhldc_processed.png&w=3840&q=75)
Transcribed Image Text:Rita contracts to work for Social Media Corporation (SMC) during April for $4,500. On
March 31, SMC cancels the contract. In mitigation, Rita obtains a similar job with Tech
Talk, Inc., which pays $3,500. But she needs to relocate for a week to do so. Her motel
bills are $350.00. Rita files a suit against SMC. Rita can recover
$4,500.
$3,500.
$1,350.
a.
b.
c.
d.
$0.
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