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Figure: Supply and Demand in the Orange Juice Market
-(Figure: Supply and Demand in the Orange Juice Market) Look at the figure Supply and Demand in the Orange Juice Market. The market is currently in equilibrium at point C. Suppose a hurricane hits Florida, where oranges are grown. What will be the most likely new equilibrium point in the orange juice market?
Legitimate Competitive Behavior
Actions taken by businesses that are appropriate and lawful in a competitive market to gain advantage.
Transferred Intent
A legal principle under which a person who intends to harm one individual, but unintentionally harms a different individual, can be liable to the second victim for an intentional tort.
Intentional Physical Contact
Intentional physical contact involves deliberately touching or making contact with another individual, which can range from acts of kindness to assaultive behavior depending on the context.
Battery
The unprivileged, intentional touching of another.
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