. Employment at Will. Adams worked as a delivery truck driver for Cochran. Adams refused to drive a truck that lacked a re¬quired inspec¬tion sticker and was subsequently fired as a result. Adams was an at-will employee, and Cochran contended that because there was no written em-ployment con¬tract stating otherwise, Cochran was entitled to discharge Adams at will—that is, for cause or no cause. Adams sought to recover $7,094 in lost wages and $200,000 in damages for the "humiliation, mental anguish and emotional distress" that he had suffered as a result of being fired from his job. Under what legal doctrines, or exceptions to those doctrines, might Adams be able to re¬cover damages from Cochran? Discuss and explain your reasoning.

Fanning company is considering the addition of a new product to its cosmetics line. the company has three distinctly different options: a skin cream, a bath oil, or a hair coloring gel. relevant information and budgeted annual income statements for each of the products follow. skin cream bath oil color gel budgeted sales in units (a) 110,000 190,000 70,000 expected sales price (b) $8 $4 $11 variable costs per unit (c) $2 $2 $7 income statements sales revenue (a × b) $880,000 $760,000 $770,000 variable costs (a × c) (220,000) (380,000) (490,000) contribution margin 660,000 380,000 280,000 fixed costs (432,000) (240,000) (76,000) net income $228,000 $140,000 $204,000 required: (a) determine the margin of safety as a percentage for each product. (b) prepare revised income statements for each product, assuming a 20 percent increase in the budgeted sales volume. (c) for each product, determine the percentage change in net income that results from the 20 percent increase in sales. (d) assuming that management is pessimistic and risk averse, which product should the company add to its cosmetics line? (e) assuming that management is optimistic and risk aggressive, which product should the company add to its cosmetics line?