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?