A Person Who Commits a Tort Is Called a

question 50

Multiple Choice

A person who commits a tort is called a

• A) plaintiff.
• B) tortfeasor.
• C) criminal.
• D) None of these choices is correct.

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Definitions:

Discount on Bonds Payable

The amount by which a bond's selling price is less than its face value.

Bonds Payable

Long-term liabilities representing the amount a corporation owes to bondholders by a specified maturity date.

Contract Rate

The agreed-upon interest rate specified in a contractual agreement, such as a loan or bond.

Market Rate

The prevailing interest rate available in the marketplace on investments or loans.