5)In Module 4, we discussed Business Torts and Product Liability.

Torts are civil wrongs not arising from contracts. Torts involve breaches of duty to particular persons, whereas crimes are regarded as public wrongs breaching duties to all of society (although, of course, they are most commonly directed at a specific person or persons). Crimes are prosecuted by the state; tort actions are initiated by individuals. Criminal law punishes wrongdoers, but the point of tort law is to make whole an injured party.

QUESTION: Fundamentally, torts are of three kinds: (1) intentional, (2) negligent, and (3) strict liability.

a.Please describe in detail each of these three types of torts and describe how they differ from one another.

b.Sometimes a person be found not guilty of a criminal charge and liable for money damages in a civil claim despite both having arisen from the same set of facts. Why does the law allow such a result?

6)In Module 5, we discussed Federal Regulatory Agencies.

Suppose you start a business; a small, relatively simple business, perhaps a restaurant. You quickly come to realize that the government is going to be your partner in that business. Taxes, wages, hours, sanitation, safety, advertising, zoningat every turn a government rule shapes the conduct of your business. In many cases those rules are created and enforced by administrative agencies, a powerful subset of government little understood by the public but immensely influential in every corner of American life.

QUESTION: The authority of the federal regulatory agencies falls broadly into three categories.

a.Please list and describe in detail each category of authority.

b.Do federal regulatory agencies possess too much power? Why or why not?