While Interfering with an Existing Contractual Relationship Can Be a Tort

question 53

True/False

While interfering with an existing contractual relationship can be a tort, if a contract has not yet been formed, there can be no tort.

---

Definitions:

Carrying Costs

The complete expense associated with keeping inventory, encompassing storage fees, insurance, and the cost of missed opportunities.

Safety Stocks

Extra inventory kept to prevent stockouts and ensure adequate supply in the face of demand or supply variability.

Restocking Costs

Expenses associated with replenishing inventory, including purchasing, shipping, and handling costs.

Collection Policy

The set of guidelines a company uses to monitor and manage the collection of accounts receivable or owed debts.