Explain Under What Circumstances a Tort Action of Inducing a Breach

question 21

Essay

Explain under what circumstances a tort action of inducing a breach of contract can be brought.

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Definitions:

Minimin Strategy

A decision rule used in scenarios involving uncertainty, where the decision maker aims to minimize the potential for the worst-case scenario.

Maximum Payoff

The highest possible return that can be achieved from an investment or decision scenario.

Minimum Payoff

The least amount of return or profit one can expect from an investment or decision.

Payoff Rate

The rate of return or profit that is expected or realized from an investment, operation, or decision.