Business Tort Liability

Purpose of Assignment

You may be familiar with personal torts such as negligence; however, business torts are different as they are being committed not against the person but rather against its intangible assets. Think about what this means and how each aspect of your work might result in a business tort being committed.

Assignment Steps 

Scenario: In the midst of the ongoing rhetoric and movement to achieve Tort Reform, business tort liability must be acknowledged and planned for as a reality. As the manager of legal risk and corporate governance for a major multi-national pharmaceutical corporation, the board of directors has commissioned you to work alongside your CEO and General Counsel to prepare a report regarding this liability and the exposure it creates for the organization.  TJX COMPANIES INC

Create a maximum 1,050-word report, excluding title and reference pages. 

Address the following in the report:

• Evaluate the impact of business tort liability on the pharmaceutical industry in general.
• Determine the growth of business tort liability in the pharmaceutical industry and discuss where and why tort reform is needed.
• Assess the impact of business tort liability on corporate liability under the Alien Tort Statute.
• Explain how business tort liability can be reduced through the implementation of the risk management process.
• Analyze how business tort liability can escalate to criminal liability.

create a Powerpoint slide summarizing everything ( Just one Slide )

Cite a minimum of TWO references for the five content areas taken from a business or legal resource. One reference must be from the textbook. In-text citations should be included in addition to citing the source on your References Page.

Format your paper consistent with APA guidelines. You must use APA formatted headings to add organization to your paper.  Use bold and centering for first-level headings and put second-level headings in bold at the left margin.  Capitalize all major words in both headings and eliminate italics.  Have a Summary or Conclusion used as a first-level heading.  

Format your paper so that all paragraphs have a minimum of three sentences.