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(Solved): Anna Feinberg began working for the Pfeiffer Company in 1969 as age seventeen. By 2607 , she had ded ...



Anna Feinberg began working for the Pfeiffer Company in 1969 as age seventeen. By 2607 , she had dedication, and long years of service, the Pleiffer boaed of dinecton resolved to increase Feisborg's monthly salary to

$4,000

and to create for her a ertinoment plan. The plan allowed that Feinborg would be given the privilege of netiring foom active dury at any time she chose and that sle would meetive retirement pay of

$2,000

per month for life, although the Boad expressed the hope that Feinborg would coetinue so serve the company for many years. Feinborg, bowevet, chose to retire two years lare. The Fleiffer Company paid Feisberg her retirement pay until 2016. The compary thereafter discuefined puyments. 2. What are the arguments that the company's promine so pay Feinbere

$2,000

per mond fir life is enforceable? b. What are the argumens that the company's peomise is not enforceable? c. What is be groper cuncome? Esplain.



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