BUSI 301 Liberty University -LU BUSI 301 Chapter 10 fully solved

BUSI 301 Liberty University -LU BUSI 301 Chapter 10 fully solvedTort - correct answer Civil wrong where one party has acted/failed to act, leading to a loss suffered by another party. Tort Law - correct answer Intended to compensate injured parties for losses resulting harm for some unreasonable conduct by another. Torfeasor - correct answer One who commits a tort Tortious conduct - correct answer Tortfeasor's wrongful conduct Restatements of Torts - correct answer Document that governs tort law and issued by the American Law Institute What three categories do torts fall into? - correct answer -Intentional torts -Negligence -Strict Liability Intentional Tort - correct answer Tortfeasor willfully bringing about a particular event that caused harm to another party. Negligence - correct answer Accidental event that caused harm to another party Strict Liability - correct answer Tortfeasor may be held liable for an act regardless of intent/willfulness (defective products, abnormally dangerous activities) Libel - correct answer Written defamation Slander - correct answer Oral defamation When does something qualify as defamatory? - correct answer When the statement has a tendency to harm the reputaion of the plaintiff (statement must be FALSE, not just unkind) What terms does a statement have to reach in order to be considered defamation? - correct answer -Dissemination to a third party ("publication" which reaches the ears of many) -Specificity (about particular person) -Damages (prove that you have suffered some physical loss) Public Figure Standard - correct answer If the victim is a public figure, the defamation must have been committed with malice or reckless disregard for truth (NY Times v Sullivan) Defenses to defamation? - correct answer -TRUTH -Absolute privilege -Qualified privilege Who does absolute privilege refer to? What does it mean? - correct answer -Gvmt officials, Judicial officers, State legislators -Defendent doesn't have to offer any further evidence to assert of defense Who does qualified privilege refer to? What does it mean? - correct answer -Media, Fair report privilege, Employers -Defendant must offer evidence of good faith/be absent of malice Trade Libel - correct answer Injured party can sue where competitor makes false statement hurting a product, Statement must be clear and specific reference to party's name & made with knowledge that the statement was false & be communicated to 3rd party Product diparagement statutes - correct answer Intended to protect inerests of major industries (agriculture, beef, dairy)