« previous next »

Author Question: When should parties be allowed to breach a contract?[br][br][b][color=#FA1639]Question ... (Read 52 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
on: Jun 30, 2018
When should parties be allowed to breach a contract?

Question 2

Negative externalities lead to over supply in a market.
  Indicate whether the statement is true or false


lou

  • Sr. Member
  • ****
  • Posts: 286
Reply #1 on: Jun 30, 2018
Answer to Question 1

If the party breaking the contract earns a higher return, even after paying for liquidated damages, compared to the return earned from keeping the contract, they should be allowed to breach the contract.

Answer to Question 2

True


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Eye Color Is a Sex-Linked Trait in Drosophila (Part 3) Eye Color Is a Sex-Linked Trait in Drosophila (Part 3)
How Mendel’s theory accounts for the results of his experiment on the inheritance of seed color in ... How Mendel’s theory accounts for the results of his experiment on the inheritance of seed color in ...
How to plot a cosine function containing an amplitude and phase-shift (Question 2 of 2) How to plot a cosine function containing an amplitude and phase-shift (Question 2 of 2)
economic question economic question
economic question economic question
homework question homework question
Video: What are the Parts of a Plant Cell?

For a complete list of videos, visit our video library