Intentional Interference with Economic Relations

The video tutorial covers various economic torts that can infringe on someone's economic relations. It begins with an introduction to economic torts, followed by a detailed explanation of disparagement as a form of defamation. The tutorial then explores interference with contractual relations, where a third party induces a breach of contract. It also discusses interference with prospective advantage, which involves thwarting potential economic benefits without personal gain. Lastly, the video addresses wrongful interference with business interests, focusing on the misuse of intellectual property.

What is the primary effect of disparagement on a business?

• It enhances the business's reputation.

• It negatively impacts the business's economic relations.

• It increases the business's market share.

• It falsely improves the quality of the product.

How does interference with contractual relations typically occur?

• By encouraging a party to breach an existing contract.

• By increasing market competition.

• By promoting a business's products.

• By improving employee satisfaction.

What distinguishes interference with prospective advantage from interference with contractual relations?

• There is no existing contract in prospective advantage.

• It always benefits the interfering party.

• It is a form of legal assistance.

• It involves physical harm.

What is a common form of wrongful interference with business interests?

• Enhancing customer service.

• Increasing product prices.

• Improving employee skills.

• Sharing company secrets with competitors.

What is a fiduciary's duty in relation to intellectual property?

• To ignore it completely.

• To sell it for personal gain.

• To protect and not misuse it.

• To share it with competitors.