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1.What is joint and several liability and why is it significant?(2 marks) Answer: 2.What three elements must be present for any tort to exist?Briefly explain

1.What is joint and several liability and why is it significant?(2 marks)

Answer:

2.What three elements must be present for any tort to exist?Briefly explain each element.(2 marks)

Answer:

3. To whom does a business owe a duty of care?(2 marks)

Answer:

4. Explain why product liablility negligence is important in connection with how a plaintiff can't always sue for breach of contract when a defiective product is purchased. Provide an example.(2 marks)

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5. What is the doctrine of "privity of contract" ?(2 marks)

Answer:

6. What is an exclusion clause and how is it different from a disclaimer clause?(2 marks)

Answer:

7.Briefly describe three benefits of business people knowing about contract law. (3 marks)

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