Essay On Crime And Tort

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In law, there are various terms used by the legal system to determine the type of statue, its fundamentals, and its consequences. Having the law in place assures that all individuals not only have rights, but also have specific duties to uphold the law. Crimes, which may include or exclude violent force, are offenses against the public at large. Alternatively, a wrong-doing against a person’s physical wellbeing, property, or reputation, is called a tort. In the essay below, I will discuss examples of crimes and torts, and have they may differ from each other. First, a tort discussed in the Essentials of Business Law book is negligence. Failing to exercise reasonable care to protect others from risk or harm is considered negligence (Luizzo, 2016). Recently, due to the success of cases against negligent individuals and business, it has become a more common practice. For example, a person may now be more encouraged to sue a company due to an injury caused by a certain product. However, even when it’s not an …show more content…

Based on the seriousness of the offense, a crime may be broken down as treason, felony, or misdemeanor. Although criminal offenses generally result in imprisonment, corporations tend to be punished through fines. In business, crimes that “typically do not involve force or violence committed by and against businesses” (Luizzo, 2016, pg. 38) are white-collar crimes. As Luizzo states, originally these write-collar crimes were committed by the employer’s employees. However, in recent years, it has also been applied to crimes committed by the business or against other businesses (Luizzo, 2016). For example, money laundering is a white-collar crime where business executives may disguise or hide the company’s money assets to make the business more financially successful. Regardless of whether there is or isn’t violence, these violations of the law are considered

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