Week 2 – Discussion- Business Law- Answer question and answer 2 other students. APA Format

Public and Private WrongsThis week, you have been learning that criminal law establishes rules to protect against acts that are called public wrongs. Civil law, in contrast, deals with private wrongs or torts.Based on your reading for this week:Describe what is meant by public wrongs and private wrongs.With these thoughts in mind:Post a statement by Day 3 that describes what public wrongs and private wrongs are. Then use an example to illustrate each one. In your opinion, why do you think that the private wrong in your example is not “serious” enough to be considered a crime?Read a selection of your colleagues’ postings.Respond by Day 5 to two or more of your colleagues’ postings in one or more of the following ways:Ask a probing question.Share an insight from having read your colleague’s posting.Offer and support an opinion.Make a suggestion.Expand on your colleague’s posting.Return to this Discussion in a few days to read the responses to your initial posting. Note what you learned and the insights you gained as a result of the comments your colleagues made.Be sure to support your work with specific citations from the Learning Resources and any additional sources.Learning ResourcesPlease read and view this week’s Learning Resources before you complete the Discussion.ReadingCourse Text: Goldman, A., & Sigismond, W. (2014). Business Law: Principles and Practices (9th ed.). South-Western: Cengage LearningChapter 4, “Tort Law: Traditional Torts and Cyber Torts”In this chapter, you will explore tort law; that is, the part of the legal system that developed to protect people from the wrongful conduct of others in areas that are not covered by criminal law. These kinds of offenses are also referred to as “private wrongs”. This section classifies and explains the three main types of torts, identifies the most common torts, and defines negligence and strict liability. Finally, the defenses to torts are explored, as well at the remedies available to an injured party.Focus on the definitions and concepts provided throughout the chapter. Review the examples provided in the chapter that illustrate the major ideas being conveyed. Think about why some wrongful conduct is considered criminal and why all other offenses are torts or civil matters, as well as the differences between intentional torts and negligence.Chapter 6, “Contract Law: A Beginning”A contract is the most basic aspect of business law. In this chapter, you will explore what a contract is and learn the essential elements that must be present for a contract to be valid, in other words, what must occur or be present in order to have a contract. This section introduces the terminology of contracts that will be expanded and built upon in future chapters.Focus on the definitions and concepts provided throughout the chapter. Review and think about the examples provided in the chapter that demonstrate the major ideas being conveyed, as well as illustrate each of the essential requirements of a contract.***The two uploaded Power Point Slides are optional resources.***