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Which of the Following Statements About Torts Is (Are)true

question 44

Multiple Choice

Which of the following statements about torts is (are) true?
I.The person who is injured or harmed by a tort is called a plaintiff or claimant.
II.The punishment for committing a tort is damages in the form of money.


Definitions:

Accounts Payable

The amount of money owed by a company to its creditors for goods and services purchased on credit.

General Ledger

A comprehensive set of accounts that provides a complete record of all financial transactions of a business, used to prepare financial statements.

Trial Balance

A report listing all accounts and their balances at a specific time, verifying that total debits equal total credits.

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