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Simple English definitions for legal terms
interference with a business relationship
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A quick definition of interference with a business relationship:
Interference with a business relationship is when someone intentionally does something that harms a business's ability to make money or form new relationships with customers or partners. This is also known as tortious interference with prospective advantage. It's like if someone purposely tries to ruin a friendship or stop someone from making new friends. It's not fair and can cause a lot of problems for the business.
A more thorough explanation:
Interference with a business relationship is when someone intentionally disrupts or damages a business relationship between two parties. This can be done through various means, such as spreading false information, making threats, or offering bribes.
Company A has a contract with Company B to provide them with a certain product. Company C, a competitor of Company A, wants to take over the contract and offers a bribe to an employee of Company B to switch to their product instead. This is interference with a business relationship.
Another example is when a former employee of Company A starts a new business and actively tries to steal clients from Company A by spreading false information about their products or services.
These examples illustrate how interference with a business relationship can harm a company's reputation and financial stability. It is considered a tort and can result in legal action being taken against the person or entity responsible.
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