A Private Wrong That Results in Physical or Mental Harm

question 84

Multiple Choice

A private wrong that results in physical or mental harm to an individual or results in damage to that person's property is referred to as which of the following?

• A) tort
• B) punitive judgment
• C) felony
• D) misdemeanour

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Definitions:

Business Mission

A statement that describes the purpose, goals, and values of a company.

Market Segment

A subgroup of people or organizations sharing one or more characteristics that cause them to have similar product needs.

Strategic Group

A cluster of firms within an industry that follow a similar strategy or business model, competing on similar bases.

Cash Cow

A business unit, product line, or investment that generates consistently high profit margins and requires little investment to maintain.