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