CTN PRESS

CTN PRESS

NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY

TORTIOUS INTERFERENCE: BUSINESS AND CONTRACTUAL RELATIONSHIPS

TORTIOUS INTERFERENCE: BUSINESS AND CONTRACTUAL RELATIONSHIPS Tortious interference refers to the intentional disruption of contractual or business relationships between parties. It occurs when a third party interferes with the contractual or business relations of others, causing harm or damage. Here are some key points to understand this legal concept: Elements of Tortious Interference: Existence of […]

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STRICT LIABILITY IN PRODUCT LIABILITY CASES

STRICT LIABILITY IN PRODUCT LIABILITY CASES Product liability is a crucial aspect of consumer protection in legal systems worldwide. Among the various legal doctrines applied, strict liability holds a significant position. This principle asserts that a party can be held responsible for damages or injuries caused by their product, regardless of fault or negligence. Here

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DEFAMATION LAWSUITS: UNDERSTANDING LIBEL AND SLANDER

DEFAMATION LAWSUITS: UNDERSTANDING LIBEL AND SLANDER Defamation Lawsuits: Understanding Libel and Slander Defamation lawsuits have become increasingly prevalent in today’s digital age where information spreads rapidly. Understanding the nuances of libel and slander is crucial in navigating legal waters concerning personal reputation. What is Defamation? Defamation refers to the act of making false statements that

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COMPARATIVE NEGLIGENCE IN TORT LAW

COMPARATIVE NEGLIGENCE IN TORT LAW Tort law often grapples with the complexities of fault and responsibility. When an injury or damage occurs, assigning blame isn’t always straightforward. In such cases, the concept of comparative negligence comes into play, altering the way compensation is determined. Understanding Comparative Negligence: 1. Definition: Comparative negligence is a legal doctrine

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO TORT: GENERAL PRINCIPLES OF TORT

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO TORT: GENERAL PRINCIPLES OF TORT Which of the following is a fundamental principle in tort law? A) Strict liability B) Res ipsa loquitur C) Reasonable foreseeability D) Absolute privilege Answer: C) Reasonable foreseeability What is the primary objective of tort law? A) Punishment B) Compensation C) Imprisonment D) Rehabilitation

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PRICE ELASTICITY ACROSS DIFFERENT TYPES OF GOODS

PRICE ELASTICITY ACROSS DIFFERENT TYPES OF GOODS Price Elasticity Across Different Types of Goods Price elasticity varies significantly among different types of goods, influencing consumer behavior and market dynamics. Understanding these variations is crucial for businesses in setting prices and predicting demand. Here’s an overview of price elasticity across various categories of goods: 1. Necessities

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SHIFTS IN MARKET DEMAND: EXAMINING EXTERNAL INFLUENCES

SHIFTS IN MARKET DEMAND: EXAMINING EXTERNAL INFLUENCES Shifts in Market Demand: Examining External Influences Market demand is a fluid entity, often influenced by a myriad of external factors. Understanding these influences is crucial for businesses aiming to navigate the ever-changing landscape of consumer preferences. Several key points shed light on the dynamics of market demand

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CONSUMER PREFERENCES AND THEIR INFLUENCE ON MARKET DEMAND

CONSUMER PREFERENCES AND THEIR INFLUENCE ON MARKET DEMAND Consumer Preferences and Their Influence on Market Demand Consumer preferences wield significant power in shaping market demand, impacting industries and businesses in multifaceted ways. Understanding these preferences is pivotal for businesses aiming to thrive in competitive markets. Here are the key points that shed light on the

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