Identify and State the Historical Significance of the Following

question 32

Short Answer

Identify and state the historical significance of the following:
-Reaganomics

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Definitions:

Intentional Tort

A civil wrong resulting from an intentional act committed on the person, property, or economic interest of another. Intentional torts include assault, battery, conversion, false imprisonment, intentional infliction of emotional distress, trespass to land, and trespass to chattels.

Physical Injury

Damage to a person's body as a result of an accident or violence, distinct from emotional or psychological harm.

Strict Liability

Liability in which responsibility for damages is imposed regardless of the existence of negligence. Also called liability without fault.

CD's

Certificates of Deposit, a savings certificate with a fixed maturity date, specified fixed interest rate and can be issued in any denomination aside from minimum investment requirements.