A Tort Is Conduct That Is

question 23

Multiple Choice

A tort is conduct that is:

• A)civil and causes loss or injury.
• B)criminal and causes loss or injury.
• C)civil and causes a breach of contract.
• D)intentional or malicious and causes loss or injury.

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Definitions:

Reputation

The general perception or opinion of the public or a specific group about an individual, organization, or entity.

Proactive Firms

Businesses that anticipate and act on future needs or changes, rather than reacting to events after they happen.

Profit

The financial gain obtained when the revenue from business activities exceeds the expenses, costs, and taxes involved in maintaining the activity.

Market Share

The percentage of total sales revenue in an industry generated by a particular company.