After Two Years of Research and the Investment of Considerable

question 65

Essay

After two years of research and the investment of considerable funds,Coast-to-Coast Company (CC) develops a new product that it hopes will produce substantial profits.CC learns that a competitor,National Sales,Inc.,has made and begun to sell a nearly identical prod-uct.CC learns from a reliable source that National paid a CC employee to obtain the plans for CC's product while it was in development.What legal re-course does CC have against National?

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Definitions:

Specific Performance

A legal remedy where the court orders the breaching party to fulfill the exact terms of a contract, rather than paying damages.

Injunction

A judicial order compelling a party to do or refrain from doing specified acts, used as a remedy in many types of disputes.

Drastic Change

Drastic change refers to a significant and often sudden alteration in circumstances, conditions, or the state of something.

Common Law

A legal system based on custom and court rulings rather than written laws, predominant in the UK and countries influenced by its legal traditions.