Business Law Essay Example | Topics and Well Written Essays - 500 words - 12

Business Law - Essay Exampleone person to another, for example, fraud, assault, and theft.On the other hand, negligent torts entail psychic trauma committed when one fails to exercise a given level of caution (care) a reasonable standard of care. The final category is the strict liability torts which turn in quite differently from the torts of intentional and negligence. As seen in the negligence and the intentional torts, the two concerns the defendants culpability whereas strict liability concentrates on the execute itself, regardless of the exercised level of care or the intentions.To exercise the law of tort, various sources might be consulted to maintain justice amongst the parties involved in a reprehensible case. Some of these sources include the concepts of Case laws and/or statutes. Statutes are established by the agent of the government, while Case laws consult the precedence of formerly ruled cases which depend to have similar line of argument and premise. Case law h olds that the laws can be orally stated or put in compose. Written and right on undersigned documents provided irrefutable evidence in court. However, case law as well considers orally declared agreements, even though not put in writing this is handled by interpreting laws or establishing new precedence in favour o f the plaintiff. Different colonies have different Common laws for example, Case laws applying in the U.K. are quite different from the ones applying in the U.S.Jamie Clark and Joe Adam entered into a contract for services, in a very informal way. The two meets over dinner and tipple the contracts basics at the back of the menu without adding an integration clause which would have acted as the final draft and that only the written toll in that agreement would apply in case of dispute. Despite the fact that the two didnt involve integration clause, Case law would apply, by considering the credibleness of the drafted basics on the back of the menu. The elements of the basics would have to be elaborated