Darius, a Security Professional, Agreed to Guard Myrna's House

question 54

Multiple Choice

Darius, a security professional, agreed to guard Myrna's house. That contract contained a number of terms. One clause required Darius to "take every precaution possible to ensure that no personal belongings are improperly removed from the house." In fact, Darius himself stole several objects of art from Myrna's house. Darius has committed

• A) a crime, a tort, and a breach of contract.
• B) a tort and a breach of contract, but not a crime.
• C) a breach of contract, but neither a tort nor a crime.
• D) a crime and a tort, but not a breach of contract.
• E) a crime and a breach of contract, but not a tort.

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Definitions:

Real GDP

Real Gross Domestic Product, indicating the total value of all produced goods and services in an economy for a year, adjusted to account for inflation, thereby showing true economic value.

Price Level

Calculating the average price across every good and service in the economy's production.

GDP Deflator

A measure of the level of prices of all new, domestically produced, final goods and services in an economy in a year, used to deflate or adjust GDP for inflation.

GDP Deflator

An indicator that measures the pricing of all new, domestically made, final goods and services in an economy.