week 3 Assignment – No Plagiarism

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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

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.

Cite a minimum of two references for the five content areas
taken from a business or legal resource. One reference must be from the
University Library.

Format your paper consistent with APA guidelines.


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