Business Law

    Wombat entered into an oral employment contract with Tony’s Toy Company. Tony’s has orally agreed to hire Wombat for three years as a district manager. Wombat quit his job, sold his house, and moved his wife and five children to another state in order to start the new job- One month later, Tony’s informed Wombat that things weren’t working out and that his job was terminated- Write an essay that answers the following questions: Is this contract enforceable under the Statute of Frauds? Remember to carefully read the Statute of Frauds as it specifically relates to oral contracts- Is it enforceable under any other theory under which Wombat may recover damages from Tony’s Toy Company? Are there ethical considerations that apply to this case?