LAW1101 Fundamentals of Business Law

Write a 2–page executive briefing of a selected federal or state court case pertaining to the topic of tort law.

 

By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria.

Articulate the importance, context, purpose, and relevance of law in a business environment.

Summarize the facts and ruling of a legal case.

Evaluate key judicial concepts that influence the decisions related to business.

Analyze how a legal case could impact businesses.

Explain how a legal case could impact a specific organization.

Develop information literacy skills as applied to business law.

 

1. Exhibit information literacy skills as applied to business law.

 

2. Competency map

 

3. Check your progress use this online tool to track your performance and progress through your course.

 

4. Toggle drawer

 

5. Context

 

6. The basis of tort law

 

One of the most important concepts of the law is the notion that if one party damages another in a noncriminal context, then the aggrieved party is entitled to restitution, to be made whole. In a business law context, making another party whole (note: This is a fairly common term that you will hear again and again in a legal context) is the entire purpose of tort law. In other words, a judge or jury will attempt to determine exactly what needs to be done when an aggrieved party can demonstrate damages, and what those damages should be, in order to return a party to its state prior to the alleged action.

 

Virtually all commercial enterprises deal with the public at some point, providing products, services, or any sort of commercially relevant activities. The risk of inflicting even unintentional damages on consumers thus exposes commercial concerns to lawsuits and litigation.

 

Criminal penalties cannot be attached to business entities. If a crime is committed, the government charges specific individuals within the corporation who may be responsible, not the business entity. Yet, society recognizes that businesses, out of negligence, ignorance, or malfeasance, may cause injury to another party. Tort law imposes standards by which such injured parties can seek recompense from the corporation in civil court. Whereas an entire corporate entity cannot be tried in a criminal court, it can be a defendant in a civil court.

 

Read the assessment 6 contextdocument for important information related to the following topics:

 

1. Strict liability and product liability.

 

2. Consumer protection.

 

3. The public policy nexus.