Business Tort Liability

This is a two part assignment.

Part 1:

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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.

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.

Part 2:

ONLY NEED TWO SLIDES FOR THIS

Microsoft® PowerPoint® presentation, including detailed speaker notes (speaker notes not required for introduction, conclusion, and reference slides). The speaker notes for each slide should serve as the text for your presentation.

1.) Create a slide summarizing the assignment above (Part 1).

2.) Differentiate between the following Agency types: Express, Implied, Apparent and Ratification.

Cite a minimum of two scholarly references.

Format your slides consistent with APA guidelines.