All categories

3 years ago

What is a type of tort?

Business

1 answer:

fomenos3 years ago

4 0

Answer:

There are 3 main types of tort; intentional tort, negligence tort and strict liability

Explanation:

By definition, a tort is a civil offense against another person. The victim who suffers in that offense can sue for damages, get represented by a lawyer and receive a compensation. There are 3 main types of tort; intentional tort, negligence tort and strict liability. Tort laws are followed when making a decision whether to hold a person legally responsible for the breach against another, and the type of compensation the injured party receives.An intentional tort for example is a civil offense committed when a person engages in intentional conduct that results in damages to another.

You might be interested in

Amsted, Inc. is considering a project that will increase revenues by $2.5 million, cash operating expenses by $700,000, and depr

sergij07 [2.7K]

Answer:

incremental after tax cash flow for 2011: $1,145,000

Explanation:

Additional revenue $2,500,000

Cash operating expenses ($700,000)

Depreciation and amortization expenses ($300,000)

Reduced inventories ($200,000)

Pretax income $1,300,000

Less taxes 35% ($455,000)

Net income $845,000

Add Depreciation and amort. expenses $300,000

Free cash flow $1,145,000

5 0

3 years ago

Which is a postreading strategy common to both fiction and nonfiction?

Sedbober [7]

Answer:

summarizing

Explanation: just did it.

7 0

3 years ago

Read 2 more answers

Movement in supply is caused by changes in ...................

Anna35 [415]

A it is a I am pretty sure sorry if wrong

5 0

2 years ago

What are the names of the following events in a business cycle?

lapo4ka [179]

Answer:

The high point of economic activity is called a peak

The low point of economic activity is called a trough

The period between the high point of economic activity and the following low point is called an expansion

The period between the low point of economic activity and the following high point is called an acceleration

Explanation:

5 0

3 years ago

The acid-test ratio takes the sum of cash, short-term investments, and ________ and divides the total by current liabilities. It

Anna [14]

The acid-test ratio takes the sum of cash, short-term investments, and receivables and divides the total by current liabilities. .

Acid test ratio is also known as quick ratio. It is a measure of the capability of a firm to use its short term assets to meet current liabilities. It is an example of an activity ratio.

Acid test ratio = (current asset - inventory) / current liabilities

The higher the acid-test ratio, the better the ability of a firm to meets its short term liabilities.

A similar question was answered here: brainly.com/question/1114476

8 0

2 years ago