The category of business tort known as wrongful interference

Assignment Help Microeconomics
Reference no: EM13714448

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?

Reference no: EM13714448

Questions Cloud

Find the minimum number of revolutions per minute necessary : In an amusement-park ride, riders stand with their backs against the wall of a spinning vertical cylinder. Find the minimum number of revolutions per minute necessary
What is the magnitude a of resultant acceleration of a point : An electric ceiling fan is rotating about a fixed axis with an initial angular velocity magnitude of 0.210rev/s. What is the magnitude a of the resultant acceleration of a point on the tip of the blade at time t = 0.196s
Why are first and second-degree price discrimination : (a) Why are first and second-degree price discrimination less common than third-degree price discrimination? (b) Are lower airline fares at midweek an example of third-degree price discrimination?
How much force does the block exert : Blocks with masses of 3.0 kg, 4.0 kg, and 5.0 kg are lined up in a row on a frictionless table. All three are pushed forward by a 19N force applied to the 3.0 kg block. How much force does the 4.0 kg block exert on the 5.0 kg block
The category of business tort known as wrongful interference : 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 ind..
Obtain how many turns of a wire would be required : How many turns of a wire would be required to make a 150 mH inductor out ofa 34 cm long air-filled solenoid with a diameter of 6.5 cm
Devaluation of another country''s currency : Industrial countries are not usually involved in currency bailouts since they are not likely to be affected by the devaluation of another country's currency.
What is the tension in the towrope between the two gliders : A transport plane takes off from a level landing field with two gliders in tow, one behind the other. What is the tension in the towrope between the two gliders
What is the magnitude of the magnetic field inside solenoid : A long solenoid consists of 1800 turns and has a length of 0.65 m.The current in the wire is 0.48 A. What is the magnitude of the magnetic field inside the solenoid

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd