In a Case Filed in the Federal Court,Gamma Inc Sued

question 41

Essay

In a case filed in the federal court,Gamma Inc sued Delta Ltd for breach of contract.Gamma claimed damages of $500 000.Although Delta denied liability,it formally offered to settle the claim for $200 000.Gamma rejected that offer,but in response,it formally offered to settle its claim for $400 000.Delta rejected that offer.The case has now gone to trial.Explain what order the judge will likely make with respect to costs if (a)Delta is held liable for $450 000,(b)Delta is held liable for $100 000,or (c)Delta is held not liable.

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Definitions:

Marxian

Related to the theories and writings of Karl Marx, especially with respect to his analysis of society, politics, and economics.

Capitalist Economy

An economic system where trade, industries, and the means of production are largely or entirely owned and operated by private individuals or businesses aiming for profit.

Diametrically Opposed

Completely opposite or contradictory; indicating two things that are as different from each other as possible.

Conflict Theory

A theoretical framework in sociology that emphasizes the role of power differentials and social conflicts in contributing to social inequality and change.