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Question: Business Law
Al is driving down the street when he takes his eyes off the road to look at a billboard advertising Coca Cola. Due to his negligence his automobile collides with another automobile, so that auto hits a light pole containing an electric transformer. The light pole strikes a pedestrian, Sam, injuring him severely. When the transformer hits the ground, it causes a short-circuit, which causes electricity to go out for two days in two-state area, New York and Connecticut, which has many business establishments and residential housing. Al is sued by Sam, the business establishments (who lose profits), and home owners (whose food goes bad). For what damages is Al liable? Give legal reasons for your answer based on the law of negligence.
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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