Wrongful Acts or Admissions for Which an Injured Party Can

question 34

True/False

Wrongful acts or admissions for which an injured party can take legal action against the wrongdoer to seek monetary damages is called contractual liability.

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Definitions:

Continuous Supply

The ongoing provision of goods or services to meet constant or recurring demand.

Rules of The Game

Unwritten, socially accepted norms and practices that guide behavior and interactions in various situations.

Human Capital

The combined abilities, expertise, and non-physical assets belonging to people that can generate economic benefits for themselves, their place of work, or their local area.

Natural Resources

Environmental assets such as minerals, woodlands, bodies of water, and cultivable land, available in nature and exploitable for economic growth.