Torts are intentional, neglectful, or reckless acts that cause individuals or entities unlawful harm. There are torts that can occur between individuals such as assault, battery, false imprisonment, or intentional infliction of emotional distress. However, there are torts that are more common to businesses that might include negligence, fraud, breach of fiduciary responsibility, strict product liability or tortious conduct or intentional interference.
Business torts are wrongful acts done to a business that harms the business. Business torts are also called economic torts because they usually result in financial loss. They may cause profit loss, reputational damage, market share decline, and loss of competitive advantage.
Business tort law allows businesses to seek remedies against individuals or other businesses whose actions cause harm to them. Those remedies may be an award of compensatory damages, punitive damages, or injunctive reliefs.
Watch this short video for an introduction to tort law.
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Discussion Topic
Research a recent business case or incident in which a tort was centric to the case or incident; you might look on the Internet or daily news. You might even find a case on the television news! Please be sure to cite your source in APA format.
In your original post, answer the following:
Describe the tort that occurred.
What could the company have done to minimize their exposure to such a situation?
Confirm the outcome of the case.
If the case has not been decided, tell us what you think will happen and why.
What sort of punishment or compensation is there or should there be?
_______________________________________________________________________________________________ For this activity, you will be examining a specific company’s use of data.Please review the following videos before completing the assignment,Instructions
Reply to the topic below by Wednesday of this week, 11:59 pm EST.
Reply to 2 classmates by Sunday of this week, 11:59 pm EST.
To see how discussions are graded, click the vertical ellipsis ( ) and select Show Rubric or refer to your instructor’s guidelines.
Support your answers with at least two credible sources. Please use the
ECPI Online LibraryLinks to an external site.
, and your textbook to conduct your research.
Your response should demonstrate critical thinking and provide justification for your answer.
Discussion TopicChoose a company from the list below.
Starbucks
Identify the business
Benefits of Data
How is this company using data as an asset to leverage its success?
How are they applying the use of the data?
Conclusion
What is your conclusion about managing a company’s data?