James Hughes worked for Medtronic, Inc., a medical technology company, as a sales manager. His contract with Medtronic had a non-compete clause that prohibited him from working for a competitor for one year after leaving Medtronic. St. Jude Medical, S.C., Inc., was a competitor of Medtronic. In an effort to expand their business, St. Jude contacted Hughes about joining them. Hughes felt dissatisfied with conditions at Medtronic, and so began negotiations with St. Jude. Hughes shared his current contract with St. Jude's executives, who told him that his contract with Medtronic was unenforceable and offered him a job as a sales director at a significant higher salary. In fact, the contract was enforceable under state law. Hughes accepted the job offer from St. Jude. Medtronic filed a suit against St. Jude, alleging wrongful interference. Did wrongful interference occur and if so, which type of wrongful interference occurred?1. There is a contract between two parties/ One party is seeking a greater market share for their product/ A third party knows the contract existsone party is targeting the others' customers/ A third party is inducing another to break a contract.2. There is a contract between two parties/ One party is seeking a greater market share for their product/ A third party knows the contract existsone party is targeting the others' customers/ A third party is inducing another to break a contract.
3. There is a contract between two parties/ One party is seeking a greater market share for their product/ A third party knows the contract existsone party is targeting the others' customers/ A third party is inducing another to break a contract). Medtronic is suing for wrongful interference with a _______.
4. Who are the parties to the initial contract?5. _____is the third party who knew about the contract.
6. St. Jude learned about the contract and noncompete clause between Hughes and Medtronic from _____.
7. It is _____that St. Jude intentionally induced Hughes to breach his contract with Medtronic.
8. St. Jude ______before he left Medtronic.
9. What did St. Jude represent regarding the noncompete clause? That it ____enforceable.
10. Was the noncompete clause enforceable? 11. Did it matter if the clause was unenforceable? 12. Based on these facts, does it appear that St. Jude intentionally induced Hughes to break his contract with Medtronic?
13. Is Hughes liable for intentional interference with a contract?
15. Hughes is _______to be held liable for breach of contract.
16. If St. Jude had informed Hughes that the noncompete clause was enforceable and Hughes still left to come to work for them, would St. Jude be liable for intentional interference with a contract?

Answers

Answer 1
Answer:

Answer:

YES

Because by definition, wrongful interference occurs when one person intentionally damages someone else's contractual or business relationships with a third party causing economic harm

Explanation:

Did wrongful interference occur and if so, which type of wrongful interference occurred?

YES

Because by definition, wrongful interference occurs when one person intentionally damages someone else's contractual or business relationships with a third party causing economic harm

1. There is a contract between two parties/ One party is seeking a greater market share for their product/ A third party knows the contract exists one party is targeting the others' customers/ A third party is inducing another to break a contract.

2. There is a contract between two parties/ One party is seeking a greater market share for their product/ A third party knows the contract exists one party is targeting the others' customers/ A third party is inducing another to break a contract.

3. There is a contract between two parties/ One party is seeking a greater market share for their product/ A third party knows the contract existsone party is targeting the others' customers/ A third party is inducing another to break a contract).

Medtronic is suing for wrongful interference with a contractual business relationship.

4. Who are the parties to the initial contract? Medtronic and James Hughes

5. St. Jude Medical, S.C., Inc is the third party who knew about the contract.

6. St. Jude learned about the contract and noncompete clause between Hughes and Medtronic from James Hughes.

7. It is true that St. Jude intentionally induced Hughes to breach his contract with Medtronic.

8. St. Jude offered James Hughes a job as a sales director at a significant higher salary before he left Medtronic.

9. What did St. Jude represent regarding the non compete clause? That it was not enforceable.

10. Was the noncompete clause enforceable? YES

11. Did it matter if the clause was unenforceable? YES

12. Based on these facts, does it appear that St. Jude intentionally induced Hughes to break his contract with Medtronic?  YES

13. Is Hughes liable for intentional interference with a contract?  NO

15. Hughes is NOT to be held liable for breach of contract.

16. If St. Jude had informed Hughes that the noncompete clause was enforceable and Hughes still left to come to work for them, would St. Jude be liable for intentional interference with a contract? NO


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17) If the CPI basket of goods cost $200 in the reference base period and $450 in a later year, the CPI in the later year equals A) 225. B) 300. C) 250. D) 450. 2016 2017 Item Quantity Price Quantity Price Books 10 $30 8 $50 Pens 20 $1 15 $2

Answers

Answer:

A) 225

CPI base year = $200

CPI later year = $450

CPI for the later year = ($450 / $200) x 100 = 225

                                       2016                         2017

Item                       Quantity Price           Quantity Price

Books                         10      $30                  8        $50

Pens                           20        $1                  15         $2

Nominal GDP 2016 = (10 x $30) + ($20 x $1) = $300 + $20 = $320

Nominal GDP 2017 = (8 x $50) + ($15 x $2) = $400 + $30 = $430

Real GDP 2017 using 2016 as base year = (8 x $30) + ($15 x $1) = $240 + $15 = $255

___________ typically refers to the promotion and sale of different versions of a media product across the various subsidiaries of a media conglomerate.

Answers

Answer: Synergy

Explanation:

Synergy is described as the intercommunication in between two or more entities in order to construct a collaborative effect. This effect is known to be greater than the effort that would have be in place , if they were acting alone. In comparison to the cross media concurrence, the synergy takes place when the media commodity is being advertised across the other platforms. Example, a commodity being promoted in a movie.

Internal control is a process designed to ensurereliable financial reporting.
effective and efficient operations.
compliance with applicable laws and regulations.
Internal control is designed to ensure all of the items described in the answers.

Answers

Answer:

Internal Control is designed to ensure all of the items described in the answer.

Explanation:

Internal control refers to the control measures adopted by an entity so as to ensure compliance with legal framework, check frauds and errors and for reliable financial reporting.

Compliance procedures are the processes designed to check whether internal controls exist in an organization and if they do, whether such controls are operating effectively.

For e.g biometric authentication with regard to attendance keeps a check on the number of employees actually working during a period and eliminates the possibility of dummy names in the attendance records. This is an example of internal control i.e control measures created by organization itself.

Final answer:

Internal control in a business context refers to the procedures set in place to ensure reliable financial reporting, efficient operations, and compliance with laws and regulations. These controls help in the smooth running of the business, providing accurate financial information, and abiding by legal requirements.

Explanation:

Internal control is a crucial concept in the domain of accounting and business. It refers to the procedures and methods implemented by a company to ensure the achievement of its objectives, which include - reliable financial reporting, efficient and effective operations, and compliance with relevant laws and regulations.

The procedures for reliable financial reporting involve making sure that financial records are accurate and complete. This is important for both internal decision-making and for providing trustworthy information to investors, creditors, and regulators.

Efficient and effective operations refer to the smooth running of the business without wastage of resources, while maximizing profits. Finally, compliance with laws and regulations refers to abiding by the legal and regulatory requirements imposed by government bodies and agencies on businesses.

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A sound savings program and adequate insurance protection form the foundation of financial security. True or false

Answers

Answer:

True

Explanation:

Financial security is the satisfaction that one has sufficient money to meet their daily expenses, cover for emergencies, and work towards meeting their financial goals. Achieving financial security is a long-term goal for many individuals and organizations. Meeting this objective requires following certain principles.

A savings plan and insurance are some of the foundations for achieving financial security. Saving helps one attain financial goals, while insurance is essential in case of emergencies. Having a personal financial plan, with or without a personal finance manager, is another vital element in achieving financial security.

The manager's most important food safety responsibility is training you to:

Answers

Note that I am not 100%

An important responsibility for a manager when dealing with food safety is to be sure all food is stored at the correct temperature and to keep all areas clean in order to reduce the chance of cross contamination.

An advantage of using a check rather than cash to make a purchase is that checks are A. easy to count. B. widely accepted by merchants. C. safer because only you can use your checks. D. light and can be carried easily.

Answers

The correct answer is C. Safer because only you can use your checks

Checks require signatures and personal data that only you can know. They don't have intrinsic value so counting them means nothing, while they are as light as cash. Cash is more accepted by merchants than checks.
Took the test and the answer is C.