Which of the Following Statements Is TRUE

question 44

Multiple Choice

Which of the following statements is TRUE?

• A) The word "tort" is derived from the Greek word for "obligation" or "duty."
• B) Punitive damages cannot be awarded at the same time as compensatory damages.
• C) Studies prove that tort law has a very effective deterrent function.
• D) Nominal damages are generally restricted to torts that are actionable per se.
• E) Security guards and police officers have the same authority to detain people suspected of committing crimes.

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Definitions:

Nonprofit Sector

The part of an economy or society comprised of organizations that aim to provide social good without the incentive of profit.

Pricing

The process of determining the financial cost of a good or service, influenced by factors such as production costs, market demand, and competitive strategies.

Break-even

The point at which total costs and total revenues are equal, resulting in no net loss or gain for a business.

Behavioral Measures

The assessment of individual actions and performances through quantifiable means in various contexts including work or research settings.