List and Explain the generally recognized business torts Research Paper

List and Explain the mostly recognized business torts - Research Paper ExampleThere are actually three grassroots business torts namely, malfeasance, misfeasance, and nonfeasance. There could be other particular business torts but all these are cogitate or derived from the said basic three. 1. Malfeasance This is a business tort that is committed maliciously by the perpetrator. This heart and soul that there is a clear intent against the aggrieved party, such as the aim of causing such the possible loss of revenues by the said business entity. Business malfeasance must, however, be distinguished from corporate malfeasance. This is especially because both(prenominal) are committed in the same sector. In corporate malfeasance, it is an employee or an executive that causes harm to the alliance whereas in business malfeasance, one party in a partnership, such as a common business venture could be the perpetrator. An example of this is that of two companies who have agreed on a t ippy material sales transaction. telephoner A is involved in providing finished products to a certain distributor. Company B, on the other hand, sells raw materials to Company A.