Discuss the issues that are relevant to an economic analysis


Problem

The case of Siegel v. Eaton & Prince Co. (46 N.E. 449, 1896) involved a contract for the installation of an elevator in a department store. When the store burned down, it sought to invalidate the contract on the grounds of impossibility. Discuss the issues that are relevant to an economic analysis of this case.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Discuss the issues that are relevant to an economic analysis
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