What you’ll learn to do: define tort law, and explain the role of product liability in tort law

In this section you’ll learn about an area of the law that’s especially important for business: tort law and product liability.

The specific things you’ll learn in this section include the following:

• Define tort law
• Explain the concept of negligence as it relates to tort law
• Explain the concept of strict liability under tort law
• Explain the three major bases for product liability claims
• Differentiate between compensatory and punitive damages