Does a company have a duty to act in socially or politically beneficial ways?

Read, consider and answer the following discussion questions:

1.   Does a company have a duty to act in socially or politically beneficial ways?

2.   In negotiating a business deal, is “strategic misrepresentation” permissible? Do you have to disclose everything?

3.   What are the basis for tort of defamation?

4.   Large damages awards in tort litigation have to be paid by someone. If the defendant is insured, then the insurance companies foot the bill. Ultimately, though, high insurance rates are passed on to consumers of goods and services in the United States. Will tort reform that reduces the size and number of damages awards ultimately mean lower costs of goods and services? Will tort reform lead to higher risks associated with services and products?

5.   How defective must a product be to support a cause of action in strict liability in a product liability suit?