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Mr. X enters into a contract with Mr. Z under which Z agreed to build a customized telescope for X for $500. The value of the completed telescope to X will be $600. Expecting that the telescope will be delivered on schedule, X pays the purchase price to Z and drills a hole in his roof at a cost of $300. However, before Z delivers the telescope, Ms. Y, another amateur astronomer, offers to buy it from Z for $550. Would Z breach his contract with Mr. X if the measure of damages were (1) the expectation interest (2) the restitution measure (3) the reliance measure? Explain why in detail.
explain the stages and various coordination mechanisms involved in policy processes
For a very large part of 20 th century, we may recall, there existed capitalist market-oriented economies and socialist planning-oriented economies. 21stcentury is however witness
various credit arrangements
‘…Policies that promote residential mobility and increase the knowledge of the consumer-voter will improve the allocation of government expenditures in the same sense that mobility
The ABC corporation is contemplating purchasing a new computer system that would yield a before-tax return of 30 percent. The system depreciates at 10 percent a year. The after-tax
Theory of optimal tax system is relevant for tax policy issue
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Mr. X enters into a contract with Mr. Z under which Z agreed to build a customized telescope for X for $500. The value of the completed telescope to X will be $600. Expecting that
Jenna's boss has decided to pay her a one-time bonus of $5,000. She decides to save the money until she retires, 4 years from now. She contemplates two savings options. Option A is
examples of inductive method in economics
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