Examlex

Solved

Which of the Following Terms Refers to the Harm That

question 14

Multiple Choice

Which of the following terms refers to the harm that is likely under real-life conditions? 


Definitions:

Tort

A wrongful act in a civil context that results in harm or loss for the affected individual, thereby establishing legal accountability for the one committing the act.

Arm's-Length Transaction

A deal made by parties freely and independently of each other, and without some special relationship, such as a familial tie, that might taint the transaction.

Confidentiality

The obligation to protect and not disclose information that is private, sensitive, or classified to unauthorized individuals.

Self-Interest

Acting in a way that is most advantageous to oneself, based on personal benefits or gains.

Related Questions