Which of the Following Statements Is TRUE

question 62

Multiple Choice

Which of the following statements is TRUE?

• A)Liability in tort law always requires proof of deliberate or careless wrongdoing.
• B)The victim of a tort is called a tortfeasor.
• C)A person may be subject to an obligation to another in tort law even if they did not agree to that situation.
• D)In exceptional circumstances,a person may be imprisoned for committing a tort.
• E)The concept of privity is part of every tort.

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Definitions:

Purchased Equipment

Fixed assets bought for operational purposes, such as machinery or office fixtures.

3-Month Note

A short-term financial instrument that matures or is due for payment within three months from the issue date.

Maturity Value

The total amount payable to an investor at the end of a fixed-term investment, including principal and any accrued interest.