Which of the Following Is a Feature That Distinguishes Tort

question 24

Multiple Choice

Which of the following is a feature that distinguishes tort law from contract law?

• A)Tort law is concerned with having the promises of others performed.
• B)Tort law is private law,contract law is public law.
• C)In tort law,the duties which arise are mainly imposed by law.
• D)In tort law,the duties are mainly imposed by the agreement between the parties.

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Definitions:

Equity

The remaining interest in a company's assets after all debts are subtracted, signifying the owner's stake in the business.

Dividends

Funds disbursed by a company to its stockholders, originating from the firm's profits.

Stockholders

Individuals or institutions that own shares in a corporation, making them owners of the company.

Equity

The value of an owner's interest in a property, calculated by subtracting liabilities from the value of the asset.