General Business MGS350 Chapter Notes - Chapter 3: Professional Negligence In English Law, Contributory Negligence, Liability Insurance
28 Oct 2016
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Document Summary
Tort an action that causes injury to people or damage to property. Civil wrong, other than a breach of contract, for which damages may be sought to compensate for any harm or injury sustained. Plaintiff party who commences a lawsuit (suing party) Tort action lawsuit based on tort. Defendant party who is sued in a lawsuit. It is essential for business people to be aware of the risks of tort-based litigation against their businesses. Tort judgment are a public relations nightmare. Various liability liability imposed on one party (often an employer) for the harmful actions or omissions of another (often an employer) Liability is the state of being responsible to pay (cid:272)o(cid:373)pe(cid:374)satio(cid:374) for a(cid:374)other party"s loss. Negligence act provides that the plaintiff is entitled to recover the full amount of the damages from either of them. Unintentional tort injury inadvertently caused to a plaintiff by the defendant.
