« previous next »

Author Question: When should parties be allowed to breach a contract?[br][br][b][color=#FA1639]Question ... (Read 57 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?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Additive Color Mixing and Paint Mixing Additive Color Mixing and Paint Mixing
Question Question
How to manually solve a linear system with three variables without matrices (Question 1 of 2) How to manually solve a linear system with three variables without matrices (Question 1 of 2)
How to calculate present value using the compound interest formula (Question 2) How to calculate present value using the compound interest formula (Question 2)
Solve this probability question Solve this probability question
economic question economic question
Video: Adolescent Diabetes

For a complete list of videos, visit our video library