Assignment 5Albert is a short-order chef and has always dreamed of owning his
own burger joint. After years of waiting, the opportunity arrived when he heard
that Burgers-R-Us, a national fast food chain, was planning to open a franchise
in his town of Freedonia Heights, in the state of New Freedonia.After several months of negotiations, Albert has signed a contract
with Burgers-R-Us, and is now the proud franchisee of a store that is scheduled
to open on the second Friday in January.In preparation for the opening, Burgers-R-Us has furnished
Albert’s store with kitchen equipment, tables and seating, lighting and signage
for inside and outside the store. Albert has purchased aprons, hats and latex
gloves ($3,347.68) for his staff and “Grand Opening” banners for outside
($1,026.59). He placed advertisements in the local Penny saver magazine
and in the Heights Gazette to hire cooks, cashiers, waiters
and cleaning staff ($1,375); the ads are running for four consecutive weeks. He
hasn’t hired anyone yet but has interviewed several potential candidates.
Albert also gave BRU a deposit of $17,000 to secure his rights.In consultation with his accountant, Albert has projected that in
his first six months, he will have an operating loss of $23,000, but that by
the end of his first year he will show operating profits of $78,000 for the
year and that he will be profitable each year thereafter. These estimates are
based on what Albert has been able to find in newspaper articles for other
types of franchises in other cities. He has no specific numbers relating to his
own franchise.Six weeks prior to the scheduled grand opening, Burgers-R-Us
notifies Albert that new market research has shown that the franchise is not
likely to be successful in Freedonia Heights and the franchise contract is
hereby cancelled. Outraged, Albert sues Burgers-R-Us in New Freedonia state
court for breach of contract.Discuss what types of damages Albert may claim, which types is he
likely to be awarded and what amounts he is likely to be awarded. Be sure to
thoroughly explain your answers.

An IRAC essay is not necessary.