Which of the following refers to a wrongful act by one party that results in injury to a second party's person, property or reputation, for which the first party is liable?

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A tort is a wrongful act by one party that results in injury to a second party's person, property, or reputation, for which the first party is liable. Bankruptcy declaration refers to a legal process of declaring inability to pay debts. Benevolence and altruism refer to acts of goodwill and selflessness towards others, but they do not involve a wrongful act resulting in harm to another party.

Which of the Following Refers to a Wrongful Act by One