Alan Is a Subject Matter Expert for First University, with an Employment

question 5

Multiple Choice

Alan is a subject matter expert for First University, with an employment contract of three years. Two years into the contract, Second University-fully aware of Alan's contract-offers him twice the compensation for a similar post. Alan breaches his contract and takes up the offer. First University can recover damages from Second University for which of the following torts?

• A) malicious breach of contractual relations
• B) malicious inducement of contractual breach
• C) intentional interference with contractual relations
• D) breach of the covenant of good faith and fair dealing

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Definitions:

Compounded Quarterly

An interest calculation method where interest is added to the principal sum of a deposit or loan on a quarterly basis, leading to interest earning interest.

Present Value

The present worth of a future amount of money or series of cash inflows based on a certain return rate.

Retirement Annuities

Financial products that provide a stream of payments to individuals after retirement, typically funded through premiums paid over time.

Compounded Semiannually

Interest on a loan or investment calculated twice a year, adding each interest payment to the principal amount before the next calculation.