Question: PART B SHORT ANSWER QUESTIONS (5 marks each) Write a paragraph in response to each question. 26. Explain the similarities and differences between torts and

PART B SHORT ANSWER QUESTIONS (5 marks each) Write a paragraph in response to each question. 26. Explain the similarities and differences between torts and crimes. 27. Outline the elements of the tort of deceit. 28. Describe the postal rule and explain when it will apply. 29. Explain what it means for a corporation to act beyond its capacity. 30. Explain the legal standard of care that corporate managers must observe when making business judgments. 31. Explain the difference between the actual authority of agents to enter into contracts on behalf of their principals and their apparent authority to do so

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