On What Basis Did the House of Lords in Attorney-General

question 7

Multiple Choice

On what basis did the House of Lords in Attorney-General v Blake order Blake to disgorge the profits earned from the sale of his books?

• A) Blake was in breach of the fiduciary duties he owed to the state.
• B) Blake was guilty of committing the wrong of breach of confidence.
• C) Blake had broken his promise to never publish the material he did in his book.
• D) None of the options provided is correct.

---

Definitions:

Profit-Maximizing Price

The price at which a firm can generate the maximum possible profit for its product or service, balancing between sales volume and profit margin.

Graph

A visual representation of data designed to show the relationship between two or more variables.

Short-Run Economic Profit

The profit earned by a firm in the short term, potentially including both actual financial gains and opportunity costs.

Average Total Cost

The total cost of production divided by the quantity of output produced; a measure of per-unit cost.