BULW 301 Study Guide - Final Guide: Contributory Negligence, Intentional Tort, Strict Liability
Document Summary
Tort a negligent or intentional civil wrong not arising out of a contract or statute. Placing torts in a general business law context. Negligence unintentional, only compensatory occur them: type of victim, type of wrong, both try to stop wrongful conduct. Courts ideas change about what a tort is . Have created exceptions to this rule, like the following case. First florida bank v. max mitchell- mitchell, a cpa, prepared and intention of obtaining a ,000 line on the behalf of his client financial statements to first presented. Florida bank with the of credit the line of credit was approved but back after a bank investigation, it was discovered that mitchell had greatly overstated assets and understated his client"s liabilities and the bank sued. Mitchell was liable for the damages because of his duty to. Contract to do so with the never paid accountant, are held to that standard statute to protect the plaintiff.
