Business Law: E-Commerce, Legal, Ethical, and International Environment - Essay Example

When an activity is naturally dangerous, there is no other secure substitute to lessen the dangerous aspect of the commercial activity as is evident in offshore oil boring, then above most laws in the US, it is adjudicated by the stern liability in tort standard. The petitioner does not have to ascertain the negligence of the defendants so long as the damage is done to persons or the environment the defendants will be considered liable.

In summary, legal liability can also be established under negligence, and strict liability in tort as defined in the foregoing scrutiny. Between BP and TO which are governed by principal agency laws, BP was reliable for the actions of TO, unless it has surpassed the scope of its duty (Miller, 2011). If TO is litigated by a third party, it has a valid cross against BP for indemnification unless it has waived that resource in its diminish with BP by changing BP a premium. On a final note, the officers who had directors' liability are covered with liability insurance unless there is a crime or fraud act found I honestly doubt any element of fraud or crime can be proclaimed in this case.