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Question: 1. Assume that the following legal rule applies to Example 1 (the "grasshopper killer"): "Breach of contract arising from false or misleading advertising results in liability equal to two times the consumer's out-of-pocket expenditures in reliance on the promise." Given this rule, what is the perfect-information judgment?
Example 1: In response to a magazine advertisement for "a sure means to kill grasshoppers," a farmer mailed $25 and receives by return post two wooden blocks with the instructions, "Place grasshopper on Block A and smash with Block B." Filing a legal complaint will cost the farmer more than the $25 that he lost. The farmer consults a lawyer to determine whether he has a legal remedy that is economically viable.
2. Why is a trial economically inferior to a settlement on the same terms as the expected trial judgment?
Where a written contract exists, Australian courts do not and should not provide remedies for failure to fulfil verbal promises made during contract negotiations, unless those promises are included in the written contract
A shipper of fruits and vegetables delivered a refrigerated van of produce to the S.S. Bayomon at the port of Elizabeth, New Jersey, on September 22 for shipment to San Juan, Puerto Rico. The ship was supposed to sail that day but was unable to do so..
Liquidated Damages. Carnack contracts to sell his house and lot to Willard for $100,000. The terms of the contract call for Willard to pay 10 percent.
Write a 2-3 page, APA style paper addressing the issues of Code of Conduct and Ethics Policies for Police Departments. Include in the body of the paper a Code of Conduct and Ethics Policy for the Tidewater Police Department
Summarize your working definition of ethics. Define ethics within the context of criminal justice
‘‘For a dividend-paying stock, the tree for the stock price does not recombine; but the tree for the stock price less the present value of future dividends does recombine.'' Explain this statement.
you have been approached by your former employer who has asked you to consider taking an assignment to analyze a
identify a change the internet has brought to the banking and financial industry. do you see this change as an
Corporate Policy Designed to Minimize Inventory Shrinkage Related to Theft, Stocking Errors, Shipping Errors
In the ground state of an atom of silver (Ag), how many electrons will there be with the quantum number l = 1? (The n, ml, and ms quantum numbers may have any appropriate values.)
A description of the use of technology by the selected agency: for example, the use of computers, smartphones, and social media An evaluation of how technology has enhanced the critical-thinking skills used by the agency
Summarize and post your responses to this Discussion Area. Support your work by citing sources according to APA standards.
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