Whenever a Contract Involves or Requires the Commission of a Tort,the

question 57

Multiple Choice

Whenever a contract involves or requires the commission of a tort,the contract is usually illegal.The torts that typically arise in an agreement include all of the following EXCEPT

• A)libel and slander.
• B)trespass.
• C)deceit (fraud).
• D)negligence.
• E)inducing breach of contract.

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Definitions:

Firms

Business entities that produce goods or offer services, ranging in size from small to multinational corporations.

Herfindahl-Hirschman Index

A measure used to assess the level of competition within an industry, determined by calculating the sum of the squares of the market shares of all firms within the market.

Industry

The production of goods or services within an economy that is characterized by a specific focus, such as technology, finance, or manufacturing.

Firm(s)

Organizations involved in the production and distribution of goods or services to consumers in a market.