We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Choose one from the instruction - Research Paper Example

Comments (0)
The optimal level of information relies on cost and benefit of its acquisition. When an accident liability relies on an injurer, the expected accident cost and precaution cost is on them. Therefore the injurer benefits from any investment information and bears the cost of accessing the information…
Download full paper
Choose one from the instruction
Read TextPreview

Extract of sample
Choose one from the instruction

Download file to see previous pages... The two cases constitute to intentional or negligence cases. There are other cases where the person causing damage remains liable to the victim regardless of whether they intended to cause harm. These constitute to strict liability cases. A country’s court has many cases to handle ranging from criminal cases to civil cases, among many others. Among the many cases the court handles are tort cases. The court seeks to administer justice to those involved through compensation as well as they look for ways of deterring further occurrence of torts (Best and David 8). Sometimes, compensation for losses incurred becomes the core function of tort law, and contributes to its development. Although the primary function of tort law can be described as the need to determine the required compensation. However, prevention and punishment measures too are important factors that help prevent further tort cases. This is because as the court looks for compensation of the injured, it also looks to send a warning to the offender. When a court makes its decisions on the case and defendants understand they may have liability in the case, it may act as a deterrent measure on further tort cases. However, research shows that goals of compensation and deterrence of future damage may differ in some cases as the court may favor one side than the other (Best and David 8). When courts in the U.S started undertaking tort cases, they considered compensation and deterrence as the main goals of concern. However, compensation became easier to perceive than deterrence and courts expanded tort law focusing on compensation. Later, economic hardships that hit the country largely affected the court's decision to follow compensation (Best and David 9). Impact of legal issues on economy Economic analysis of...
The social cost incurred from the accident is the cumulative precaution and the cost of the expected accident, and becomes what the society is liable for. Economically, for the society to reduce the costs of an accident they should take a precaution that lies in between two extremes; the cost of the precaution itself and the cost of the expected accident (Mattiacci 5).The in-between precaution is the optimal care the society takes because it reduces the cost of the precaution and the expected accident cost thus minimizing the social cost.
Therefore, decisions made by the tort law system should ensure that the incentives they give to the injurer to avoid the accident should enable them take an in-between precaution. The legal issues existing in tort law systems include giving parties incentives to acquire information on the accident occurrence. The court authority should ensure that incentives given for accessing information about the accident should not constrain the economy. This in one way relieves the country economic pressures.
To minimize spending on risks, the tort law system should ensure a most favorable allocation of risks between the injurer and the victim, and it can only achieve this goal through insurance (Shavell 188). On the side of the transaction costs, the tort system’s goal is to minimize the administrative costs that result from the system’s attorney’s and magistrate’s payment. However there is conflict between the distinction on allocations of incentives towards the prevention or precautions taken or compensation for the accident. Acquiring equilibrium between the injurer and the victim will help achieve the social goal of compensation and deterrence and minimize cost on economy. ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
Assessing Reading and Language Instruction
The children will learn that the letters they learned in earlier grades will form words and from the new words they learn will tell a story. To be more exact the children will learn word formation, word recognition skills through the use of Phonics and Literature.
10 Pages(2500 words)Research Paper
Choose from Instruction
Mr. Jatia, who manages half the McDonald franchise in India, is quoted as stating that the number of customers has continued to go up by double digits, 10 – 15% each month compared to the previous year (Bellman, 2009). With such statistics it is clear that McDonald is succeeding in India.
3 Pages(750 words)Essay
Modern Ethical Theory or Pragmatism ( choose one)
The idea of ethics and morals came up when people started reflecting on the intentions, nature and consequences of their actions. From this reflection on the nature of the behaviour of man, ethical theories have emerged to give direction to ethical thinking.
4 Pages(1000 words)Research Paper
Differentiated Instruction Paper
It is a technique that aims to be considerate of each student’s needs. The suggestions stem from research and innovative teaching experience. Indeed, learning is best maximized when respective learning styles are taken into consideration. The site mentions brain-based research, learning styles and multiple intelligences as significant methods.
6 Pages(1500 words)Research Paper
Differentiated Instruction
It is imperative that leaders comprehend the crucial nature of differentiation (Bista & Glasman, 1998). This is lest they fall victim to misunderstanding, which stem from the lack of an intuitive nature to curb issues that always arise. By tailoring the different functions to meet the desires present, one gets to understand an individual’s nature.
8 Pages(2000 words)Research Paper
Choose One
The present business environment is characterized by high instability and turbulence. As a result of that, minor flaws on the part of the company or sluggish business process can dislodge their market position. In such cases, companies are left with no choice but to implement information technology in their operation system as a tool for streaming the business process.
6 Pages(1500 words)Research Paper
[3] Globalization can be defined a worldwide phenomenon of increased interconnectedness in terms of economy, technology and culture. Since the start of the era of mankind, both capitalism and globalization have been the driving force of each other. In an economy that is globalized, the economies activities are unrestricted in terms of national boundaries and time zones.
6 Pages(1500 words)Essay
Choose One
The research is also aimed at analyzing the connectivity and logical flow between each section of the research under study. The following paper is an analysis of a research paper ‘Customer
10 Pages(2500 words)Research Paper
Choose one of the topics below
Renewable energy strategy is the best approach top deal with such issues. According to UK government, the use of renewable energy could achieve up to 15% energy from renewable energy sources by 2020. Renewable energy strategy could also save the economy in growing
8 Pages(2000 words)Research Paper
Choose One of the Two Essay Topics Provided (Final Essay)
Specifically, the three authors based their writings on the dark side of the society as most characters used were struggling with the societal problems and rules of maintaining order at
5 Pages(1250 words)Research Paper
Let us find you another Research Paper on topic Choose one from the instruction for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us