BU231 Chapter 3: Chapter3ReadingNotes.doc
Document Summary
Tort is a wrong, an injury, done by one person to another whether intentional or unintentional. The basis for liability: fault deterrent, strict liability law, as mentioned before, strict liability persists in some areas of modern. People who collect potentially dangerous things on their land are liable for any resulting damage, even if they are blameless: a person who undertakes a dangerous activity should charge for his. Policies change with social standards which consequently force: the most radical proposals (from the left) would eliminate lawsuits for the law to adapt in many ways all personal injuries and compensate victims through a government scheme. No fault insurance" which makes insurance compulsory and eliminates fault as a basis for claims. Prevents legally harmful demands from being placed upon employees compensations. Employees generally have limited assets available to pay. Based upon fairness, the person who makes the profit should also be liable for the loss.
