Unformatted text preview: Market price of a young bird was about $0.37/lb. Market price of older bird was about $0.33/lb. Older bird = 2.5 lbs Younger bird = 1.5 lbs The price of 33cents was not reasonable for a young chicken. The plaintiff could not have expected the defendant to have deliberately incurred a loss. Defense: BNS International Sales Verdict: Judgment entered dismissing complain of the cost. The court ruled in the defenses favor. Law and Economics Notes:...
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This note was uploaded on 12/11/2007 for the course ECON 4040 taught by Professor Hay during the Fall '07 term at Cornell.
- Fall '07