In the eyes of the law, a person reneging on a contract is handled as a ______.
A)criminal violation
B)private wrong
C)social construction
D)socially harmful act

Question

Quizplus · Accepted Answer

Reneging on a contract is typically considered a breach of contract, which is a private wrong (also known as a civil wrong or a tort) rather than a criminal violation. The injured party can pursue legal remedies such as seeking damages, specific performance, or rescission of the contract, but it is not typically prosecuted as a crime. The other choices (C and D) are not directly relevant to the concept of contract law.

In the Eyes of the Law, a Person Reneging on a Contract