652 - Economic Torts (2 hours)*
This course covers tort protection of economic interests. Tort law’s primary focus is on protecting against personal injury and property damage. When the only harm caused is economic loss, such as lost profits, identity theft, a loss of an inheritance, the benefit of the bargain in a contract, an opportunity to start a new business, or a product that does not perform as it should have, tort law has been very restrictive about providing relief, leaving most of such harm to contract law or uncompensated. This course will cover the areas in which tort law does provide protection for “pure” economic loss, including misrepresentation and especially fraud. This course might have been titled business torts because corporations cannot suffer personal injury and most often when they sue other companies in tort, it involves economic loss. If time permits, legal malpractice and consumer protection, both of which entail economic loss, will also receive coverage. Offered on a periodic basis.
* This course may be offered for 3 hours during some years.