Jim lives in maryland but works in virginia. john lives in virginia but works in maryland. john believes he has been taken advantage of by jim in a business dealing. john has paid jim a down payment to paint his house in virginia. jim promised to start as soon as he could. john has waited for three months and nothing has happened. john has called jim and asked him when he will start the job. jim replied, "i will start as soon as i can." although this is clearly a contract dispute, a number of other issues are raised by this particular case. john has come to you and asked you for advice. using the materials that you have read, what are the things john has to consider in this matter with jim. be creative.

Jennifer purchased a house in a brand new development in the outskirts of town. when her house was built, the nearest fire department was nearly 20 miles away. as her neighborhood developed, the density of the community called for a new fire department 1.5 miles away. what effect will the new fire station have on her homeowners insurance premium? a. a new fire department will be more demanding on local taxes. her annual premium will go up. b. the location of a fire department has no bearing on the value of her house. her annual premium will stay the same. c. the new fire department will reduce the risk of financial loss in her home. her annual premium should decrease. d. with a fire department so close (less than 5 miles), financial risk on jennifer’s home practically disappears. she will not need to pay insurance anymore.

Aminor has the legal right to repudiate

Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. the market value of the building is $120,000. she pays $35,000 per year for flowers and other supplies, and has a bank account that pays 5 percent interest. what is the economic cost of jen's business?