Management and Organizational Studies 2275A/B Chapter 4: Chapter 4 - Business Law 2275

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2275A/B
• Professor: Cristin Keller

Document Summary

Chapter 4 intentional torts and torts impacting business. A tort is a civil or social wrong that gives rise to the right to sue and to seek one of several remedies. Law of torts involves private disputes decided in the civil courts. A tort is committed when one person causes injury to another, harming his or her person, property, or reputation. Tort aims to compensate victims, deters the occurrence of such wrongful behavior and educates society by making someone pay . Serves psychological function, in providing some appeasement to those injured by wrongful conduct. With many crimes, victim has the right to sue for tort, even if the prosecution results in an acquittal (wrongful conduct is often both a crime and a tort) Much easier to successfully sue for tort because the standard of proof is based on a balance of probabilities .