Chapter 19 RSM Exam Questions and
Answers with Verified Solutions | Latest
Updated 2026
Legal wrong A violation of a person's legal rights or a
failure to
perform a legal duty owed to another
person or
society as a whole. Legal wrongs include
crimes,
breach of contract, and torts.
Tort A legal wrong for which the court allows a
remedy
in the form of monetary damages. The
injured party
(plaintiff) can sue the person who caused
the harm
(tortfeasor).
Plaintiff The person who is injured or suffers
damages and
brings a lawsuit against another party in a
tort
action.
, Tortfeasor The individual or entity that commits a tort
and is
legally responsible for causing injury or
damage to
another person.
Intentional tort A type of tort that results from deliberate
actions
intended to cause harm, such as fraud,
assault, or
defamation.
Negligence A failure to exercise the standard of care
required
by law to protect others from an
unreasonable risk
of harm. It is the most common basis for
liability
claims.
Strict liability A legal doctrine where liability is imposed
regardless of fault or negligence, typically
applied
in inherently dangerous activities or
situations.
Standard of care The degree of care that a reasonably
prudent
person would exercise under similar
circumstances
to avoid causing harm to others.
Answers with Verified Solutions | Latest
Updated 2026
Legal wrong A violation of a person's legal rights or a
failure to
perform a legal duty owed to another
person or
society as a whole. Legal wrongs include
crimes,
breach of contract, and torts.
Tort A legal wrong for which the court allows a
remedy
in the form of monetary damages. The
injured party
(plaintiff) can sue the person who caused
the harm
(tortfeasor).
Plaintiff The person who is injured or suffers
damages and
brings a lawsuit against another party in a
tort
action.
, Tortfeasor The individual or entity that commits a tort
and is
legally responsible for causing injury or
damage to
another person.
Intentional tort A type of tort that results from deliberate
actions
intended to cause harm, such as fraud,
assault, or
defamation.
Negligence A failure to exercise the standard of care
required
by law to protect others from an
unreasonable risk
of harm. It is the most common basis for
liability
claims.
Strict liability A legal doctrine where liability is imposed
regardless of fault or negligence, typically
applied
in inherently dangerous activities or
situations.
Standard of care The degree of care that a reasonably
prudent
person would exercise under similar
circumstances
to avoid causing harm to others.
