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The category of business tort known as wrongful interference with a contractual relationship has three basic elements: (1) an enforceable contract between two parties, (2) a third party's knowledge of the contract, and (3) the third party's inducing either of the two to break it (not merely reaping the benefits of a broken contract). The third party must interfere for the purpose of advancing his or her economic interest. At what point does competition turn into wrongful interference with a contractual relationship? If you are a sales representative and want to get a company's business for your company, when would a court consider that you had crossed the line and find you guilty of wrongful interference with a contractual relationship?
Using the following equations Qs = 13,000P and Qd = 48,000-6,000P. Plot supply and demand curves (require a graph). Determine the equilibrium price?
the u.s. has experienced large and growing current account deficits for more than 20 years whereas japan has
What share of the responsibility did Moody’s and its executives bear for the financial crisis, compared with that of home buyers, mortgage lenders, investment bankers, government regulators, policymakers, and investors?
A stockbroker has proposed two investments in low-rated corporate bonds paying high interest rates and selling at steep discount (junk bonds). The bonds are rated as equally risky and both maure in 15 years.
1.Consider the following delegation versus centralisation model of decision making, loosely based on some of the discussion in class.A principal wishes to implement a decision that has to be a number between 0 and 1; that is, a decision d nee..
For every penny that the price of gasoline goes up, the U.S Postal (USPS) service experiences a monthly fuel cost increase of $8 million. State what assumptions you need to make to answer this question
Determine what is the cumulative change in concentration of iodide ion at each of these four times?
what are the major characteristics of pure monopoly? what are the major barriers to entry that explain the existence
Explain why the European Central Bank cannot selectively change interest rates in any of the 16 EU countries that have adopted the euro—for example, lowering the interest rate to stimulate the economies of Greece, Ireland, or Spain, while maintaining..
A company consists of two kinds of employees, tall and short. Each person can work in either of two jobs, honest work or stealing from the company. The wage to honest work for a short person is wS, while the wage for a tall person is wT.
New York, had a serious ice storm. Electric power was out in houses for many days. The demand for power generators rise dramatically, Yet the local businessmen did not increase their prices.
Describe each market structure discussed in the course (perfect competition, monopolistic competition, oligopoly, and monopoly) and discuss two of the market characteristics of each market structure. Identify one real-life example of a market struc..
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