The correct answer to this open question is the following.
As the city manager and knowing that the budget is tight, I would choose to raise taxes and cut programs. The programs I would choose would be the ones that have less impact in the medium to lower classes. I would establish the priorities of the government that clearly are the creation of jobs and health services. I would sell my idea to the city council and the residents of your city that this is the best option in that I would tell them that these are temporary measures while the economic situation could be transformed in 6 to 12 months. The government would save some money stopping unnecessary expenditure, and there will be some financial incentives to entrepreneurs and businessmen that decide to create new business in the city.
Answer:
Contract is a branch of private law. It thus concerns private obligations that arise in respect of symmetrical relations among natural and artificial persons rather than public obligations that arise in respect of hierarchical relations between persons and the state. Contract, at least in its orthodox expression, is distinctive for concerning chosen, or voluntary, obligations—that is, obligations constituted by the intentions of the contracting parties. This entry describes doctrinal and theoretical accounts of contract law with a special emphasis on the relationship between contract law and two near-neighbors—tort law and fiduciary law.
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