The concept of vicarious liability–being liable for the acts of others–applies to both of this week's topics, crime a

The concept of vicarious liability–being liable for the acts of others–applies to both of this week’s topics, crime and torts. Often, when a large corporation is found guilty of tortious activity, the tort is clear, but who’s responsible within the corporation is not. Thus, when a plaintiff wins a large financial judgment against a corporation in a tort case, this judgment is often passed through to shareholders in the form of lower dividends or lower share prices, or to consumers through increased prices. Rarely is a top leader of the corporation held accountable. In fact, to attract good managers, corporations must offer them liability protection from shareholder suits.

Are there any solutions to this dilemma?

Expert Answer


Solution: Any kind of Crime, fraud, error and tort etc is not acceptable in any kind of organisation in professional terms. There should be a mechanism where the cause ( Crime or tort ) and the facilitator of the respective cause i.e. guilty person must be recognised at the earliest. In order to prevent the organisation from such crimes or torts as well as to recognise the guilty. There are certain solutions, recommendations and suggestions.

(1) Foundation: The foundation of the organisation should be strong, as well as the organisation structure, should be comprehensive, crystal clear with parity between authority and responsibility.

(2) Risk Assessment: The nature of risk arises from crime or tort must be categorized in terms or size ( Major and Minor risk) Along with their consequences and impact on the productivity of the organisation.

(3) Internal check system: The internal check system of the company should be strong and systematic. There should be an immediate supervisor for every employee so that there will be a check on the every activity of the organization.

(4) Responsibility Accounting: Every department and employee must get specific roles and responsibilities so that later on the organisation is able to trace the roots of the problem i.e. fraud and mistakes etc

Buy Essay
Calculate your paper price
Pages (550 words)
Approximate price: -

Help Me Write My Essay - Reasons:

Best Online Essay Writing Service

We strive to give our customers the best online essay writing experience. We Make sure essays are submitted on time and all the instructions are followed.

Our Writers are Experienced and Professional

Our essay writing service is founded on professional writers who are on stand by to help you any time.

Free Revision Fo all Essays

Sometimes you may require our writers to add on a point to make your essay as customised as possible, we will give you unlimited times to do this. And we will do it for free.

Timely Essay(s)

We understand the frustrations that comes with late essays and our writers are extra careful to not violate this term. Our support team is always engauging our writers to help you have your essay ahead of time.

Customised Essays &100% Confidential

Our Online writing Service has zero torelance for plagiarised papers. We have plagiarism checking tool that generate plagiarism reports just to make sure you are satisfied.

24/7 Customer Support

Our agents are ready to help you around the clock. Please feel free to reach out and enquire about anything.

Try it now!

Calculate the price of your order

Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.


Let us write that nagging essay.


Submit Your Essay/Homework Instructions

By clicking on the "PLACE ORDER" button, tell us your requires. Be precise for an accurate customised essay. You may also upload any reading materials where applicable.


Pick A & Writer

Our ordering form will provide you with a list of writers and their feedbacks. At step 2, its time select a writer. Our online agents are on stand by to help you just in case.


Editing (OUR PART)

At this stage, our editor will go through your essay and make sure your writer did meet all the instructions.


Receive your Paper

After Editing, your paper will be sent to you via email.

× How can I help you?