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The elasticity of demand follows the law of demand and its definition. However, there are goods and specific situations that defy the law of demand. Generally, the amount demanded of a good increases with a decrease in price of the good and vice versa. In some cases this may not be true. There are certain goods which do not follow the law of ...
Competing harms, also known as necessity defense or lesser harm, is a legal doctrine in certain U.S. states, particularly in New England.For example, the Maine Criminal Code holds that "Conduct that the person believes to be necessary to avoid imminent physical harm to that person or another is justifiable if the desirability and urgency of avoiding such harm outweigh, according to ordinary ...
[2] Where a disparate impact is shown, the plaintiff can prevail without the necessity of showing intentional discrimination unless the defendant employer demonstrates that the practice or policy in question has a demonstrable relationship to the requirements of the job in question. [3] This is the "business necessity" defense. [1]
A business necessity is a legal term for a legitimate business purpose that justifies an employment decision as effective and needed to optimally achieve the organization's goals and ensure that operations run safely and efficiently. [1]
In tort common law, the defense of necessity gives the state or an individual a privilege to take or use the property of another. A defendant typically invokes the defense of necessity only against the intentional torts of trespass to chattels , trespass to land , or conversion .
A legal defense, or a "technical defense", seeks acquittal by demonstrating that the defendant's conduct did not satisfy all of the elements of the alleged crime. In a political defense, the defendant might concede that the conduct took place, but attempt to convince the jury or the public that the conduct was inherently just because of its ...
By Andy Sullivan. WASHINGTON (Reuters) - When President-elect Donald Trump's Republicans take control of the U.S. Congress next month, they plan to rely on a maneuver called "reconciliation" to ...
If the demand decreases, then the opposite happens: a shift of the curve to the left. If the demand starts at D 2, and decreases to D 1, the equilibrium price will decrease, and the equilibrium quantity will also decrease. The quantity supplied at each price is the same as before the demand shift, reflecting the fact that the supply curve has ...