Which of the Following Statements About Torts Is Correct

question 4

Multiple Choice

Which of the following statements about torts is correct?

• A)A tortious act is always a criminal act.
• B)A criminal act is always a tortious act.
• C)A tortious act may also be a criminal act.
• D)A tortious act is the same as a contract dispute.

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Definitions:

Fixed Product Cost

Costs associated with production that do not change with the level of output, such as salaries of permanent staff and depreciation of machinery.

Straight Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in equal annual amounts.

Net Income

The total profit or earnings after all expenses and taxes have been deducted from revenue.