Business Liability and Economic Damages, Second Edition

Download or read book Business Liability and Economic Damages, Second Edition written by Scott D. Gilbert and published by Business Expert Press. This book was released on 2020-06-25 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers the subject of economic damages and its role in insurance claims, lawsuits, and injunctions against businesses. Businesses exist to provide goods and services to customers, and in doing so, they take risks. Among these risks is the chance of losing money in lawsuits filed by customers, employees, and others negatively impacted by the business. Insurance provides some protection against these liabilities, but lawsuits still take their toll. This book covers the subject of economic damages and its role in insurance claims, lawsuits, and injunctions against businesses. This book will help the reader to identify economic damages as a component of business liability, describe the business risk posed by economic damages, explain some key determinants of economic damages, and estimate economic damages and business loss in a variety of cases.