THE LEGAL ENVIRONMENT DIMENSION Why should House and HAI have been advised of Holiday Inn’s plan to.

THE LEGAL ENVIRONMENT DIMENSION Why should House and HAI have been advised of Holiday Inn’s plan to grant a franchise to a different hotel in their territory?
THE ECONOMIC DIMENSION A jury awarded HAI $ 12 million in punitive damages. The court reduced this award to $ 1 million, but the appellate court reinstated the original award. What is the purpose of punitive damages? Did Holiday Inn’s conduct warrant this award? Explain.

 

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