In Breach of Her Contract with Leaverpond Rovers Football Team

question 19

Multiple Choice

In breach of her contract with Leaverpond Rovers football team, Assistant Manager Leah publishes an autobiography revealing the secret coaching methods of Team Manager Wafael.What type of remedy is Leaverpond Rovers least likely to seek?

• A)Injunction
• B)Exemplary damages
• C)Nominal damages
• D)Liquidated damages

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Definitions:

Demand and Supply

Fundamental economic concepts that describe the amount of a product or service available for purchase (supply) and the desire of buyers for it (demand), influencing price and market equilibrium.

Market Failure

A situation where the allocation of goods and services by a free market is not efficient, often leading to a net social welfare loss.

Allocated Efficiently

A resource allocation where resources are distributed in a way that maximizes the net benefit to society or achieves a desired outcome effectively.

Social Costs

The total cost to society, including both private costs borne by individuals and external costs affecting others not directly involved in a transaction.