Author Question: When should parties be allowed to breach a contract?[br][br][b][color=#FA1639]Question ... (Read 56 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
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
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
 

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

For a complete list of videos, visit our video library