A Wrong That Arises from a Violation of a Private

question 10

Multiple Choice

A wrong that arises from a violation of a private duty is called a:

• A) criminal action.
• B) tort.
• C) crime.
• D) de mala.

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Definitions:

Market Share

The percentage of an industry's total sales that is earned by a particular company over a specified time period.

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a given period.

Gas Station

A facility where gasoline (petrol) and often other fuels and automotive products are sold to motorists.

Unavailability of Substitutes

A market condition where consumers have no alternative products or services to choose from, often leading to less price sensitivity.