Textbook Notes for Floyd Sutherland

RYERSONECN 321Floyd SutherlandFall

ECN 321 Chapter Notes - Chapter 12: Learned Hand, Vehicle Insurance, Adverse Selection

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RYERSONECN 321Floyd SutherlandFall

ECN 321 Chapter Notes - Chapter 8: Contract, Perfect Competition, Conditionality

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A contract is a legally binding agreement between parties about a future transfer of an entitlement in exchange for another entitlement. When a binding
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RYERSONECN 321Floyd SutherlandFall

ECN 321 Chapter Notes - Chapter 10: Intentional Tort, Ginger Beer, Playing Indian

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A tort is a violation of a non-contractual duty imposed by law in relation to the property rights of others - a civil wrong. Tort law is created by jud
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RYERSONECN 321Floyd SutherlandFall

ECN 321 Chapter Notes - Chapter 11: Externality, Feedlot, Guido Calabresi

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We begin with the less combative tort of trespass. Tort law in relation to trespass is intended to preserve the owner"s right to exclude others from hi
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RYERSONECN 321Floyd SutherlandFall

ECN 321 Chapter Notes - Chapter 9: Equitable Remedy, Specific Performance, Expectation Damages

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3 Dec 2018
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Specific performance refers to an order to comply with the terms of a contract so that transactions for mutual gains can be completed. Because transact
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RYERSONECN 321Floyd SutherlandFall

ECN 321 Chapter Notes - Chapter 15: Land Degradation, Biocapacity, Water Pollution

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3 Dec 2018
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Environmental degradation is the decline in the natural environment"s ability to sustain life as a result of pollution, inefficient resource use and na
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