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Jun is building a home for Tessa that is to be completed by December 31st. Jun tells Tessa that he needs to hire additional workers in order to have the home done by that time and that she needs to pay him an extra $10,000. Tessa agrees to pay. Jun finishes the home and asks for his $10,000. Tessa refuses to pay. If Jun sues, what is the likely result? Discuss whether you believe the result is ethical and equitable.
Public Good
A good or service that is provided without profit to all members of a society, either by the government or a private individual or organization.
Majority Vote
A voting system where the option receiving more than half of the votes is selected.
Political Corruption
The misuse of public power for private benefit, typically involving bribery, graft, or influence peddling.
Informal Fee
Charges or costs that are not officially sanctioned or documented, often occurring in informal or unregulated markets.
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