Trein,IncEntered into a One-Year,$1 Million Contract with Mia,a Sports Celebrity,to

question 32

Multiple Choice

Trein,Inc.entered into a one-year,$1 million contract with Mia,a sports celebrity,to promote Trein's products.E-presto Inc. ,a competitor of Trein,was interested in having Mia promote its products but knew of her contract with Trein.E-presto offered Mia a three-year,$5 million contract.Mia left Trein and signed with E-presto.If Trein sues E-presto for tortious interference with a contract,E-presto

• A)will be able to establish a justification since E-presto was acting to protect an existing economic interest.
• B)will be able to establish a justification because,in talking to Mia,E-presto was exercising its First Amendment freedom of speech.
• C)will be able to establish a justification because to decide otherwise would subject Mia to involuntary servitude.
• D)will not be able to establish a justification.

---

Definitions:

Taxed Twice

Refers to a situation where the same income or financial transaction is subject to taxation in two different instances or under two different tax jurisdictions.

Equity

Fairness or justice in the way people are treated within the economy, often relating to the distribution of wealth.

Efficiency

The ability to maximize output with a given set of inputs, or to minimize inputs used for producing a given output.

Personal Income Taxes

Taxes levied on the income of individuals, affecting personal earnings.