Carlos, Who Has a Large Trust Fund, Is Angry with Isabel

question 70

Multiple Choice

Carlos, who has a large trust fund, is angry with Isabel because she stopped dating him. Isabel ran a successful dog grooming shop, but Carlos decided to open a dog grooming shop next door and charge less than it would take to make a profit, solely to run her out of business. Which of the following is correct?

• A) Carlos has committed the tort of unfair competition.
• B) Carlos has committed the tort of interference with contract.
• C) Carlos has committed the tort of unfair competition and also the tort of interference with contract.
• D) Carlos has committed the tort of disparagement.
• E) Carlos has not committed any tort.

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Definitions:

Equilibrium Price

The market price where the quantity of goods supplied is equal to the quantity of goods demanded.

Equilibrium Quantity

The amount of goods or services supplied and demanded at the equilibrium price, where supply equals demand.

September 11 Attacks

A series of coordinated terrorist attacks by the Islamic terrorist group al-Qaeda against the United States on the morning of September 11, 2001.

Long-run Path

The trajectory of economic performance or growth when all factors of production can change and adapt.