Which of the Following Is a Purpose of Tort Law

question 64

Multiple Choice

Which of the following is a purpose of tort law?

• A)To compensate innocent persons who are injured.
• B)To allow a remedy for breach of contract claims.
• C)To impose criminal penalties on those who commit wrongdoing.
• D)To encourage vigilante justice.
• E)To allow prosecutors to protect the vulnerable.

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Definitions:

Receivables Growth Rate

The rate at which a company's accounts receivable balance is increasing over a specific period, indicating the speed of cash inflow acceleration.

Sales Data

Information and records related to the quantity, price, and terms of sales transactions made by a company.

Sale of Receivables with Recourse

A financial transaction where a company sells its receivables to another party but remains liable if the party owing the receivables fails to pay.

Required Disclosure

Information that entities are legally mandated to provide to stakeholders, regulators, or the public within financial statements or reports.