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Torts in business law refer to civil wrongs that cause harm or loss, leading to legal liability. Unlike breaches of contracts, torts arise from violations of duties imposed by law. Common business torts include fraud, defamation, negligence, and interference with contractual relationships. For example, if a company knowingly spreads false information about a competitor, it could be held liable for defamation. Torts aim to protect rights like reputation, property, and economic interests. Businesses must navigate these carefully to avoid legal disputes and maintain ethical practices. Remedies typically involve compensation to the harmed party to restore their position.