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America’s corporate laws

America’s corporate laws

A corporation is liable for the torts and crimes that are committed by its agents and employees when they are acting within the scope of their employment. Directors, officers, and employees are personally liable for the torts and crimes that they commit within the scope of their employment.
Can and should these principles be applied to the disaster at the Deepwater Horizon offshore oil drilling platform in April 2010? If so, how?

 

 

 

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Based on America’s corporate laws, it is clear that a corporate is formed partly for the purpose of restraining or limiting liability and increasing its aptitude to profit its investors with the tax structure of the state. However, the corporation should comply with the state and the federal laws. According to the America’s Corporate law, when and organization commits a tort which has harm to the people or the entity……………………………

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