business law CH 5 SLIDES

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Last updated 6:12 PM on 2/5/26
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32 Terms

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Tort

A wrongful act (other than breach of contract) that causes harm and leads to civil liability.

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Compensatory damages

Damages intended to reimburse the plaintiff for actual losses.

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Special damages

Compensatory damages for measurable monetary losses.

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General damages

Compensation for non-monetary harm such as pain and suffering.

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Punitive damages

Damages awarded to punish the defendant and deter future misconduct.

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Intentional tort

A wrongful act knowingly committed.

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Tortfeasor

A person who commits a tort.

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Assault

An intentional threat of immediate harmful or offensive contact.

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Battery

Intentional harmful or offensive physical contact.

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False imprisonment

The confinement or restraint of a person without justification.

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Intentional infliction of emotional distress

Extreme and outrageous conduct causing severe emotional harm.

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Defamation

A false statement that harms a person's reputation.

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Libel

Written defamation.

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Slander

Spoken defamation.

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Invasion of privacy

Unlawful intrusion into a person's private life.

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Appropriation

Using a person's name or likeness without permission for commercial benefit.

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Fraudulent misrepresentation

Intentional deception for personal gain.

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Trespass to land

Entering or remaining on another's land without permission.

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Trespass to personal property

Wrongfully interfering with another's personal property.

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Conversion

Taking or keeping someone else's property for one's own use.

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Negligence

Failure to exercise reasonable care.

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Duty of care

The obligation to act with reasonable care to avoid harming others.

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Reasonable person standard

A comparison to how a reasonable person would act in similar circumstances.

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Breach of duty

Failure to meet the duty of care.

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Causation

The connection between the defendant's conduct and the injury.

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Proximate cause

The requirement that harm was foreseeable.

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Injury

A legally recognizable harm suffered by the plaintiff.

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Dram Shop Act

Laws that hold alcohol providers liable for injuries caused by intoxicated persons.

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Assumption of risk

A defense where the plaintiff knowingly accepted the risk of harm.

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Comparative negligence

A defense that reduces damages based on the plaintiff's share of fault.

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Strict liability

Liability imposed without proof of fault.

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Abnormally dangerous activity

An activity so risky that liability is imposed regardless of care taken.

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