Examlex
Cargo Carrier Company files a suit against Distribution & Transport Inc.(D&T) .Before the case goes to trial, they enter into a settlement agreement that includes a confidentiality clause.Cargo announces its satisfaction with the terms to its employees.Elron, an employee, posts comments about the terms on Twitter.On discovering the posts, D&T asks a court to invalidate the agreement.Most likely, the court will hold that the agreement is
Public Sector Failure
A situation where government interventions in the economy fail to allocate resources efficiently, leading to a loss of economic welfare.
Economically Inefficient Outcomes
Situations where resources are not allocated optimally, leading to a decrease in overall welfare or a misallocation of resources that could result in lost benefits for society.
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