Introductory Business Law CLEP Prep Practice Exam

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What type of remedies are available for cases decided under tort law?

Legal Remedies
Contract Remedies
Equity Remedies
Regulatory Remedies

The correct answer is: Legal Remedies

Tort law provides legal remedies for cases involving civil wrongs such as personal injury or property damage. Legal remedies typically involve monetary compensation awarded to the victim. While contract remedies may also involve monetary compensation, they are specific to breaches of contract and are not applicable to tort cases. Equity remedies, such as injunctions or specific performance, may be available in some tort cases but are not the primary type of remedies awarded. Regulatory remedies, such as fines or injunctions issued by government agencies, are applicable to violations of regulations and are not relevant to tort cases. Therefore, the correct answer is A) Legal Remedies.