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LSDefine

Simple English definitions for legal terms

economic torts

Read a random definition: fair-report privilege

A quick definition of economic torts:

Economic torts, also called business torts, are a group of legal wrongs that can happen during business deals and can lead to financial losses. These torts include things like lying to someone to get them to buy something, breaking a contract, or spreading false information about a business. They can be caused by intentional actions or negligence, and can harm a person's ability to make money or do business.

A more thorough explanation:

Economic torts

Economic torts, also known as business torts, are a group of legal wrongs that arise from business transactions and can result in financial loss. These torts include:

One example of an economic tort is fraud. This occurs when someone intentionally deceives another person or business for financial gain. For instance, if a company sells a product that they know is defective and fails to disclose this information to the buyer, they could be sued for fraud.

Another example is injurious falsehood, which is also known as trade libel. This occurs when someone makes false statements about a business or product that causes financial harm. For example, if a competitor spreads false rumors about a company's product being unsafe, this could lead to a loss of sales and revenue for the targeted company.

These examples illustrate how economic torts can result in financial harm to individuals and businesses. They are often complex legal cases that require a thorough understanding of business law and the specific circumstances of the case.

Economic Stimulus Act of 2008 | Edmunds Anti-Polygamy Act of 1882

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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