Which of the Following Wrongful Acts Most Likely Would Be

question 10

Multiple Choice

Which of the following wrongful acts most likely would be a breach of contract rather than a tort?

• A)Publishing harmful falsehoods about another person.
• B)Secretly "bugging" someone's house.
• C)Failing to pay a model who posed for photographs.
• D)Playing a cruel practical joke over the radio.

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Definitions:

Callable Bonds

Bonds that can be redeemed by the issuer prior to their maturity date, often at a premium price.

Par Value

The face value of a bond or the stock value stated in the corporate charter, which is often a nominal amount.

Call Premium

The extra amount over the par value that a buyer must pay to purchase a call option, which gives the right, but not the obligation, to buy an asset at a specified price.

Zero-Coupon Bond

A type of bond that is sold at a discount to its face value, pays no interest (coupon), and is redeemed at its face value at maturity.