The congressional tort reform act-virtue ethics

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The Congressional Tort reform act of 1995, relieved auditing accountants of joint and several liability for helping to defraud investors brought under the federal securities’ law.

1. Virtue ethics -

a. Stresses character and developing good habits

b. stresses our individuality and independence from one another

c. creates a duty that we perfect our moral motivation and intentions

d. guarantees optimization of our choices for the communities’ moral, economic/social lives

2. Martha owns a demolition company, which destroys old buildings in order to build new ones. If a passerby is injured by an explosion during a demolition by Martha's crew, under the theory of strict liability Martha must pay for the injury

a. Only if the crew intended to injure the passerby.

b. Only if the crew knew of the normal consequences of its actions.

c. Only if the crew failed to take every and all precautions to insure safety to others.

d. Whether or not the crew was at fault.

Reference no: EM131834942

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