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Tort

Tort. Definition A Civil Wrong Other Than Breach Of Contract. Tort Law Limits How People Act And Use Their Resources. Intentional Torts. Deliberate Action. Causes. INJURY. Common Law Business Torts. Injurious Falsehood- Trade Disparagement

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Tort

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  1. Tort Definition A Civil Wrong Other Than Breach Of Contract Tort Law Limits How People Act And Use Their Resources

  2. Intentional Torts Deliberate Action Causes INJURY

  3. Common Law Business Torts • Injurious Falsehood- Trade Disparagement • Intentional Interference With Contractual Relations

  4. Strict Liability In Tort • Strict Products Liability- Unreasonably Dangerous Defective Products • Production Defect • Design Defect • Warning Defect • Respondeat Superior- Scope Of Employment • Ultrahazardous Activity

  5. Damages Compensatory Damages Compensate Plaintiff For Injuries Suffered Punitive Damages Used To Punish Defendant • Types: • Past/Future Medical Expense • Past/Future Economic Losses • Past/Future Pain Suffering • Calculation - Difficult • Negligent Behavior • “Gross” or “Willful & Wanton” • Exemplary Damages

  6. Alternatives To Tort System Alternatives • Arbitration • No-Fault • Insurance • Workers’ • Compensation Disadvantages • Contingency Fee • Legal Expenses • Punitive Damages • Rarely Cost-Effective

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