Business liability and economic damages /Scott D. Gilbert.

Gilbert, Scott D.,

Business liability and economic damages /Scott D. Gilbert. - First edition. - New York, New York (222 East 46th Street, New York, NY 10017) : Business Expert Press, (c)2016. - 1 online resource (x, 136 pages) - Economics collection, .



1. Business liability -- 2. Economic loss -- 3. Compensation for loss -- 4. Evidence of loss -- 5. Loss to workers and families -- Afterword -- Glossary -- Bibliography -- Index.

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 and lawsuits against businesses. After reading and understanding this book, the reader will be able to identify economic damages as a component of business liability, describe the business risk posed by economic damages, explain the key determinants of economic damages, and estimate economic damages and business loss in a variety of cases.




Mode of access: World Wide Web.
System requirements: Adobe Acrobat reader.

9781606497036


Financial risk management.
Damages.

business dispute business liability economic damages economic model insurance claim lawsuit personal injury present value risk wrongful death

HD61 / .B875 2016