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  2. Business necessity - Wikipedia

    en.wikipedia.org/wiki/Business_necessity

    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]

  3. Doctrine of necessity - Wikipedia

    en.wikipedia.org/wiki/Doctrine_of_necessity

    In international law, the exception is allowed by the UN's International Law Commission (ILC) to be used by a state facing "grave and imminent peril": [2] [3]. 1. Necessity may not be invoked by a State as a ground for precluding the wrongfulness of an act not in conformity with an international obligation of that State unless the act:

  4. Competing harms - Wikipedia

    en.wikipedia.org/wiki/Competing_harms

    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 ...

  5. Necessity (tort) - Wikipedia

    en.wikipedia.org/wiki/Necessity_(tort)

    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 .

  6. Law of demand - Wikipedia

    en.wikipedia.org/wiki/Law_of_demand

    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 ...

  7. Why Supply and Demand Is Important to You and the Economy - AOL

    www.aol.com/why-supply-demand-important-economy...

    Like gravity is to physics, the law of supply and demand is the bedrock principle of all economic theory. It determines where the price of a product or service intersects with the willingness of ...

  8. Political defense - Wikipedia

    en.wikipedia.org/wiki/Political_defense

    A necessity defense is a common law doctrine according to which individuals are exonerated from otherwise criminal conduct where that conduct was intended to avoid a greater harm. [1] Some defendants of civil disobedience prosecutions, such as the Winooski 44 , have successfully convinced juries that their protests were necessary in order to ...

  9. Business ethics - Wikipedia

    en.wikipedia.org/wiki/Business_ethics

    Business ethics operates on the premise, for example, that the ethical operation of a private business is possible—those who dispute that premise, such as libertarian socialists (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper. [citation needed]