Arthur Fired a Gun in the Middle of the Desert

question 68

Multiple Choice

Arthur fired a gun in the middle of the desert.He intended to fire the gun,but had no reason to believe anyone else was in the area.If the bullet hits Tom,who happened to be riding his ATV across the desert:

• A) Arthur has committed the tort of assault.
• B) Arthur has committed the tort of battery.
• C) it is unlikely that Arthur has the necessary intent to commit a tort.
• D) Arthur has committed the tort of intentional infliction of emotional distress.

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Definitions:

Face Value

The amount the corporation must repay to the bondholder at the maturity date.

Interest

The cost of using money for a period of time.

Convertible Bonds

These are corporate bonds that holders can convert into a predetermined number of shares of the issuing company's stock, combining features of both debt and equity.

Specified Exchange Rate

A predetermined rate at which two currencies will be exchanged in a financial transaction.