A __________ Tort Does Not Require That the Officer (Or

question 2

Essay

A __________ tort does not require that the officer (or administrator) intend for harm to result.

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Definitions:

Ledger

A ledger is a comprehensive collection of accounts used in accounting to record and summarize all financial transactions.

Capital Account

An account used for a proprietorship that represents the owner’s equity.

Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholder equity at a specific point in time.

Balance Sheet Columns

The sections of a balance sheet which typically include assets, liabilities, and shareholders' equity.