What Is the Term for a Private Wrong That Results

question 5

Multiple Choice

What is the term for a private wrong that results in physical or mental harm to an individual or damage to that person's property?

• A)tort
• B)punitive judgment
• C)felony
• D)misdemeanour

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Definitions:

Expiration Date

The date on which an option, futures contract, or similar financial instrument becomes invalid and the right to exercise it ceases.

Exercised

Refers to the action taken by the holder of an option contract to utilize their right to buy or sell the underlying asset at the strike price.

Black-Scholes Model

A mathematical model used for pricing options, providing estimates of the variations over time of financial instruments.