Which of the Following Statements Is TRUE

question 76

Multiple Choice

Which of the following statements is TRUE?

• A)Studies prove that tort law has a very effective deterrent function.
• B)The word "tort" is derived from the Greek word for "obligation" or "duty."
• C)Nominal damages are generally restricted to torts that are actionable per se and where no actual damages have been proven or where there has been a breach of contract and there are no actual damages.
• D)Punitive damages cannot be awarded at the same time as compensatory damages.
• E)Security guards and police officers have the same authority to detain people suspected of committing crimes.

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Definitions:

Strategic Intent

The long-term vision that defines a company's aspirations and determinates its strategy to achieve competitive advantage.

Strategy

A plan of action designed to achieve a long-term or overall aim.

Consistent

Marked by harmony, regularity, or steady continuity, free from variation or contradiction.

Oligopoly Environment

A market structure characterized by a small number of firms that dominate the market, leading to limited competition.