The courts do not like liars. Consequently, damages are available in tort law for every loss that
Question:
“The courts do not like liars. Consequently, damages are available in tort law for every loss that the plaintiff suffered as a result of relying on something that a liar said.” Is that statement true? Explain your answer.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
That statement pertains to the tort of deceit It is not entirely accurate The to...View the full answer
Answered By
Amos Kiprotich
I am a wild researcher and I guarantee you a well written paper that is plagiarism free. I am a good time manager and hence you are assured that your paper will always be delivered a head of time. My services are cheap and the prices include a series of revisions, free referencing and formatting.
4.90+
15+ Reviews
21+ Question Solved
Related Book For
Managing the Law The Legal Aspects of Doing Business
ISBN: 978-0133847154
5th edition
Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer
Question Posted:
Students also viewed these Business questions
-
1. Explain the court of appeals reasoning that Section 1985(2) did not provide a remedy for Haddle. 2. What is the flaw in the court of appeals reasoning that Section 1985(2) did not provide a remedy...
-
In January, the board of directors of the Montgomery Corporation, one of Canada's largest retail store chains, was having its regularly scheduled meeting to establish and declare the next quarterly...
-
Multiple Choice Questions 1. In a common-law suit for damages, the jury awards the plaintiffs $1 million. The jury also determines that management is 80% at fault, the auditors are 15% at fault, and...
-
Prestopino Corporation produces motorcycle batteries. Prestopino turns out 1,500 batteries a day at a cost of $6 per battery for materials and labor. It takes the firm 22 days to convert raw...
-
Linda and Richard are married and file a joint return for 2012. During the year, Linda, who works as an accountant for a national airline, used $2,100 worth of free passes for travel on the airline;...
-
What is closure? Why is it important?
-
Which LRT utility functions are DARA utility functions with increasing relative risk aversion, for some parameter values? Which of these utility functions are monotone increasing and bounded on the...
-
The following CVP income statements are available for Old Company and New Company. Instructions (a) Compute the break-even point in dollars and the margin of safety ratio for each company. (b)...
-
On 1 July 2019, Foster Ltd acquired 100% of the issued ordinary shares of Bambino Ltd for $750000. At the time of acquisition, all identifiable assets and assumed liabilities of Bambino Ltd were...
-
The following narrative describes the purchase and payment process for Quick Jet Inc. Use the narrative to answer the questions below. Quick Jet Inc. provides air taxi service to the wealthy,...
-
Why is publication critically important to the tort of defamation? Why do I not commit the tort of defamation if, in the course of a private conversation, I wrongly accuse you of some horrible crime?
-
A new runway was added to the Vancouver International Airport. As usually occurs with large infrastructure projects, the development was governed by statutes and regulations. That legislation...
-
Describe the critical elements of organizational culture using Scheins three-level organizational culture model.
-
A retail product has the following standard costs established: Direct Material per unit - 2 pounds at $5 a pound Direct Labor per unit - 3 hours at $12 an hour Manufacturing Overhead - $5 per labor...
-
In a recent year, the Better Business Bureau settled 75% of complaints they received. (Source: USA Today, March 2, 2009) You have been hired by the Bureau to investigate complaints this year...
-
A 1200-ft equal tangent crest vertical curve is currently designed for 50 mph. A civil engineering student contends that 60 mph is safe in a van because of the higher driver's eye height. If all...
-
Required information [The following information applies to the questions displayed below.] Victory Company uses weighted-average process costing to account for its production costs. Conversion cost...
-
Finer, % 100 90 80 70 60 50 40 30 20 10 0 0.01 0.1 1 Size, mm L 10 100 Figure shows a grain size distribution curve of soil. Estimate the coefficient of curvature (Cc) of this soil.
-
Sauder Enterprises earns 11% on an investment that pays back $100,000 at the end of each of the next 4 years. What is the amount Sauder Enterprises invested to earn the 11% rate of return?
-
On 1 July 2021, Croydon Ltd leased ten excavators for five years from Machines4U Ltd. The excavators are expected to have an economic life of 6 years, after which time they will have an expected...
-
Identify and discuss the excuses for nonperformance.
-
Explain the relative importance of title under the common law and Article 2.
-
Distinguish between a shipment contract and a destination contract. When does title and risk of loss pass under each?
-
20 On January 1, Year 1, X Company purchased equipment for $80,000. The company estimates that the equipment will have a useful life of 10 years and a residual value of $5,000. X Company depreciates...
-
Discuss why it is important for company managers to understand and use social capital knowledge to help build social ties among their skilled knowledge workers so they can build employee loyalty...
-
Kate lives in a house close to a local university, and she traditionally has rented a garage apartment in the back of her property to students for $750 per month. Kate wants to transfer the title to...
Study smarter with the SolutionInn App