Podcast
Questions and Answers
What is the basis for the wrong in tort law?
What is the basis for the wrong in tort law?
- An intentional act by the tortfeasor
- A duty imposed by the injured person
- An agreement between the parties involved
- An obligation imposed by common law and legislation (correct)
What is the definition of assault in intentional torts?
What is the definition of assault in intentional torts?
- The lack of physical safety caused by negligence
- The unintentional creation of apprehension of injury
- The deliberate harm to another person's property
- The intentional creation of immediate apprehension of injury or lack of physical safety (correct)
What does causation refer to in tort law?
What does causation refer to in tort law?
- The requirement for liability for injury (correct)
- The agreement between the parties involved
- The intentional act of the tortfeasor
- The duty imposed by the injured person
What is the definition of negligence torts?
What is the definition of negligence torts?
Who is a tortfeasor?
Who is a tortfeasor?
What is the simplest form of business organization?
What is the simplest form of business organization?
Which type of partner in a limited partnership forgoes control of the organization's operation in return for limited liability?
Which type of partner in a limited partnership forgoes control of the organization's operation in return for limited liability?
What type of partner in a limited partnership enjoys control of the partnership's operation and is personally liable for the debts of the limited partnership?
What type of partner in a limited partnership enjoys control of the partnership's operation and is personally liable for the debts of the limited partnership?
What is a corporation as a business organization?
What is a corporation as a business organization?
What gives a corporation a high level of flexibility as a business organization?
What gives a corporation a high level of flexibility as a business organization?
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Study Notes
Tort Law
- Wrong in tort law is based on the violation of a person's rights, resulting in harm or injury to another person
- Assault in intentional torts is defined as an act intended to cause harm or apprehension of harm to another person
Causation and Negligence
- Causation in tort law refers to the relationship between the defendant's action and the harm or injury suffered by the plaintiff
- Negligence torts are defined as the failure to exercise the care that a reasonably prudent person would exercise in a similar situation, resulting in harm or injury to another person
Tortfeasor and Liability
- A tortfeasor is a person who commits a tort, or a wrongful act, that results in harm or injury to another person
Business Organizations
- The simplest form of business organization is a sole proprietorship, where one individual owns and operates the business
- In a limited partnership, a limited partner forgoes control of the organization's operation in return for limited liability
- A general partner in a limited partnership enjoys control of the partnership's operation and is personally liable for the debts of the limited partnership
- A corporation is a business organization that is a separate legal entity from its owners, providing limited liability and perpetual existence
- The ability to raise capital through the sale of stocks and bonds gives a corporation a high level of flexibility as a business organization
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