Answer: b. No, because the state acted as a market participant
Explanation:
The state in this instance was a market participant because they were acting as buyers who were looking for companies that could supply the service of exploiting their gas fields.
As a result, they have total discretion to pick whichever supplier they choose, regardless of the benefits or lack thereof, much like a normal buyer would do. The interstate company would therefore lose the case.
Answer: Assuming international recognition and relative peace, the most important function of government are ensure public order and provide means for conflict solving. The other functions can be covered by people or the private sector (how effectively is a question that remains unanswered) but only the State should have an army or a police force and only the state can provide for a legal system and a political system in the national level.
Explanation:
Answer:
Yes, Martha suffered a compensable loss.
Explanation: