Individual assignment Essay Example | Topics and Well Written Essays - 500 words

Individual assignment - Essay Example that company operations do not violate any of the standards set by law. Both internal and external audit must be done periodically to ensure that company operations are within the limits of standards set by law (Pricewaterhouse Coopers 2001 p 24). Torts are also known as civil wrongs and entitle a victim to recover damages. There are three kinds of Torts: intentional torts; negligence and; strict tort liability. Intentional torts are injuries that a party sustained as a result of another person’s intentional acts. Examples of intentional torts are: defamation, which are untrue statements made by a person to inflict damage against another; contract interference, or interfering on the freedom of parties to enter into contract; false imprisonment, is the detention of an unwilling party; intentional infliction of emotional distress, and; invasion of privacy, which can be committed either by interfering with another’s privacy business, disclosing to the public the private matters of another, and; stealing the identity of another for profit (Jennings 2005 pp 367-380). The tort of negligence, on the other hand, presupposes a situation when a party comes to harm because the other party acted in wanton disregard of other’s safety and health. To prove negligence, its five elements must concur and be proven: the duty to act with care; the breach of the duty through careless actions; causation, or that the breach of the party of the duty of care is the result of the injuries sustained; the negligence of the party must be the direct or proximate cause of the injury, and; the victim must show that he or she must have sustained damages because of the negligent act of the other party (Jennings 2005 pp 383-394). Finally, strict tort liability is a type of tort that is so called because the law imposes absolute liability on the erring party and providing him with