Explain each topic: 1. The two fundamental questions in contract law. 2. The bargain theory approach to contracts and the economic view of "consideration". 3. Expectation damages. Explain what is meant by the term "collusion" and analyze the circumstances that may encourage firms to collude....
Explain what is meant by the term "collusion" and analyze the circumstances that may encourage firms to collude. Explain why the general level of wages is high in the U.S. and other industrially advanced countries. What is the single most...