BUISENESS MANAGEMENT
INSURANCE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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negligence
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workman’s compensation
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strict liability
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tort
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Detailed explanation-1: -Torts are civil wrongs resulting in personal injury or harm that constitutes grounds for a lawsuit.
Detailed explanation-2: -In a claim for damages, the person should have suffered a legal injury because in case no legal injury happens a person cannot claim damages even if he suffered an actual loss. It can be understood with the help of these maxims: Injuria sine damno, it means that there is a legal injury without any actual damage.
Detailed explanation-3: -A tort is an act or omission that gives rise to injury or harm to another and amounts to a civil wrong for which courts impose liability. In the context of torts, “injury” describes the invasion of any legal right, whereas “harm” describes a loss or detriment in fact that an individual suffers.
Detailed explanation-4: -• Civil Wrongs: A civil wrong or wrong is a cause of. action under the law of the governing body. Eg: Tort., breach of contract, and breach of trust. • Tort: a civil wrong involving a private party repressible.
Detailed explanation-5: -If no legally recognized injury or harm results from a given negligent act, there is nothing to compensate-in effect, no tort exists.