It is coursework in Law and Economics. The argument has to be persuasive, logical, and easy to follow. These are the questions that our teacher said would be helpful

It is coursework in Law and Economics. The argument has to be persuasive, logical, and easy to follow. These are the questions that our teacher said would be helpful: 1. Think of four example situations where tort law might be applicable. 2. Explain how in economic theory tort law affects incentives for potential injurers to take efficient care. Is it better for injurers to face a negligence or strict liability rule? 3. Might potential injurers take more than efficient care? Less than efficient care? 4. What alternatives are there to tort law in achieving accountability and compensation for victims of accidents? 5. What is “no-fault compensation”? How does it differ from strict liability? 6. Should the goal be the full compensation of victims who are injured? Is this achieved by no-fault compensation or by tort? What about accountability? 7. What are the cost implications of each system? Who bears this cost?

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