Introductory Business Law CLEP Prep Practice Exam

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Prepare for the Introductory Business Law CLEP Exam. Study with flashcards and multiple choice questions, each question comes with hints and explanations. Ace your exam with confidence!

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What type of tort is used to address economic interest and cases concerning financial harm?

  1. Intentional Negligence

  2. Negligent Misrepresentation

  3. Negligent Trespass

  4. Intentional Trespass

The correct answer is: Negligent Misrepresentation

Negligent misrepresentation is the type of tort used in cases concerning financial harm because it involves a party making false statements or representations, either intentionally or negligently, which cause financial harm to another party. The other options are incorrect for various reasons. A) Intentional negligence does not address the financial aspect and focuses more on the intent to cause harm. C) Negligent trespass deals with physically entering another person's property without permission and does not involve financial harm. D) Intentional trespass also deals with physical entry onto another person's property and does not relate to financial harm.