"Tort" Comes from the Latin Term "Tortus," Which Means "Crooked,dubious,or

question 54

True/False

"Tort" comes from the Latin term "tortus," which means "crooked,dubious,or twisted."

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Definitions:

Underwriting

The process by which an individual or institution takes on financial risk for a fee, such as issuing insurance policies or bringing a new security issue to the market.

Spread

The difference between two prices, rates, or yields, often measuring the gap between bid and ask prices or between interest rates.

Commitment

A pledge or obligation to do something, often used in the context of agreements or contracts.