On what public policy grounds is strict liability imposed?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
Strict liability is imposed as a matter of public po...View the full answer
Answered By
Sagar Walunj
I have completed my engineering in mechanical branch. I have one year of Tutoring experience in Chegg india website.
0.00
0 Reviews
10+ Question Solved
Related Book For
Business Law Today The Essentials Text and Summarized Cases
ISBN: 978-1305574793
11th edition
Authors: Roger LeRoy Miller
Question Posted:
Students also viewed these Business Law questions
-
Greenman's wife bought him a Shopsmith-a power tool that could be used as a saw, drill, and wood lathe. Greenman had studied material about the product and asked his wife to buy it. Two years later,...
-
Multiple Choice Questions Select the best answer for each of the following questions and explain the reasons for your choice. a. If a CPA performs an audit recklessly, the CPA will be liable to third...
-
From time to time, it has been proposed that the principles of strict liability be applied to product liability in Canada as they are in certain other jurisdictions. What are the pros and cons of...
-
Discuss the concept of the Process Spectrum. Use examples where appropriate.
-
A tube bank uses an aligned arrangement of 10-mm-diameter tubes with ST = SL = 20 mm. There are 10 rows of tubes with 50 tubes in each row. Consider an application for which cold water flows through...
-
A major problem associated with many mining projects is subsidence, or sinking of the ground above the excavation. The mining engineer needs to control the amount and distribution of this subsidence....
-
An ideal gas flows with velocity \(V\), pressure \(p\), temperature \(T\), and density \(ho\). Determine a set of equations for stagnation properties, including entropy, if the stagnation process is...
-
A, B, C, D, and E constituted the board of directors of the X Corporation. While D and E were out of town, A, B, and C held a special meeting of the board. Just as the meeting began, C became ill. He...
-
How did we get 9.38% and why are we using this for cost of capital. Is there a calculation or formula? Why are we using this as the discount rate? WACC = 9.38% for the target D/V of 20.99
-
Herman and Sons Law Offices opened on January 1, 2015. During the first year of business, the company had the following transactions: January 2: The owners invested $ 250,000 (the par value of the...
-
Should the application of the concept of proximate cause be expanded to allow recovery in more cases, or should it be limited to reduce the frequency and amounts of recovery? Why?
-
What is meant by strict liability? In what circumstances is strict liability applied?
-
The following information pertains to Ming Corp. at January 1, 2016: Common stock, $10 par, 50,000 shares authorized, 3,000 shares issued and outstanding ..........$30,000 Paid-in capital in excess...
-
Calculate the average translational kinetic energy, Ek, for one mole of gas at 305 K. Translational kinetic energy is sometimes called average kinetic energy. Ek = Calculate the average translational...
-
Suppose that Polestar bank seeks to reduce its interest rate risk in regards to its holdings of fixed-rate (11 %) mortgages via the use of interest rate swaps. To this end, Polestar and Emblem bank...
-
Oceanic Company has 3 0 , 0 0 0 shares of cumulative preferred 1 % stock, $ 1 5 0 par, and 5 0 , 0 0 0 shares of $ 2 5 par common stock. The following amounts were distributed as dividends: Year 1 :...
-
You can borrow $1 from bank and repay the loan in one payment after 1, 2, 3, etc. your choice. Repayment amounts --see Table 1 (E.g., if you borrow $1 for 17 Years ,you repay $4.5 after 17 years)...
-
During the year, the company had the following data Beginning inven Ending Finished Direct materials Direct labour per Variable manufa Fixed manufactu Variable selling Fixed selling cos REQUIRED (USE...
-
On December 31, 20Y5, the balances of the accounts appearing in the ledger of Wyman Company are as follows: Instructions 1. Does Wyman Company use a periodic or perpetual inventory system? Explain....
-
For a Poisson process of rate , the Bernoulli arrival approximation assumes that in any very small interval of length , there is either 0 arrivals with probability 1- or 1 arrival with probability ....
-
Should the First Amendment protect all speech? Discuss.
-
A Georgia state law requires the use of contoured rear-fender mudguards on trucks and trailers operating within Georgia state lines. The statute further makes it illegal for trucks and trailers to...
-
Thomas worked in the nonmilitary operations of a large firm that produced both military and nonmilitary goods. When the company discontinued the production of nonmilitary goods, Thomas was...
-
The highest WACC is 11%, the baseline WACC is 7.4% and lowest WACCS is 2.8%. To derive a WACC that better accounts for extreme scenarios, you decide to assign the following probability weights: High-...
-
Give 2 examples of the ff: Statutory law Regulatory law Common law Include the title of each example and explain why you chose these examples ( 1 to 2 sentences ) . Note: Write your reference ( s )
-
The Adams family includes a financially well-informed couple, both aged 36, and two children aged 4 and 6. The family is financially sound but suffered badly during the tech meltdown in 2000. The...
Study smarter with the SolutionInn App