A Private Wrong That Causes Injury to Another Person's Physical

question 42

True/False

A private wrong that causes injury to another person's physical well-being, property, or reputation is called a tort.

---

Definitions:

Consumer Price Index

An index that measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.

Annual Rate

A way of expressing interest rates or growth rates on an annual basis, allowing for easier comparison across different time periods or financial products.

Inflation

The pace at which prices for general goods and services escalate, causing a decline in buying power.

GDP Price Index

A measure that tracks changes in prices of all goods and services produced within a country and is used to calculate real GDP.