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What Are Business Torts?

Business torts
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What Are Business Torts?

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Business torts are civil wrongs that are committed by or against an organization. They frequently involve harm done to the organization’s intangible assets, such as its business relationships with clients or its intellectual property. Some common categories of business torts include fraud, breach of fiduciary duty, and unfair competition.

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Many commercial disputes involve breach of contract claims, including collection issues. However, when one business enterprise intentionally harms another commercial venture, then both Alabama law and federal statutes exist to correct that wrong.

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