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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?
First, identify and describe the three basic questions that all economies must answer. Write a thorough paragraph for each of the three basic questions and be sure to explain how any of these questions relate to demand, scarcity, technology, the d..
A parent has a pile of toys to divide between two children. Assume that there is an even number of each toy. What method of dividing the toys ensures that the final division is efficient?
A cocoa shipping firm has determined that its US demand curve is given by: Q= 6,500- 2P Where Q is metric tons of cocoa and P is the price per metric ton. The firm can import cocoa from the Ivory Coast for $1,150 per metric ton. Its shipping cost it ..
Price and the maximum profit possible
The atmospheric pressure of 100k Pa acts on the other side of the piston. The gas is heated until the volume is doubled and the final pressure is 500 kPa. Calculate the work done by the gas.
if the policy interest rate is near zero what less conventional monetary policy tools might a central bank ue to
What is the expected value and variance of the number of defective chips and what is the probability that they discover exactly 9 defective chips in this test?
Here is the information you require to answer the question. This information is taken from the graph. So you will require to draw the graph to answer the questions. The best level of output for monopolist in short run is 500 units and is given by p..
Current performance of the U.S. Banking Industry a. Comparison between U.S. Banking Industry vs. other large economies. i. European Union ii. ii. United Kingdom b. Problems they are facing right now. c. Evaluate the current situation.
calculate the growth rates log difference of per capita gdp for each country in each year. calculate the mean and
On a tropical island there are 100 potential boat builders, numbered 1 through 100. Each can build up to20 boats a year, but anyone who goes into the boatbuilding business has to pay a fixed cost of $19. Marginal costs differ from person to person.
Presume the demand function is Q=100-P, where Q is the quantity demand and P is the price. Please compute the price elasticity at P=10 (by comparing it with a pair of price and quantity at P=20). Compute the change in total revenue which is P times Q..
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