Question: Strict liability is a tort rule that efficiently minimizes social costs: O When two or more agents are subject to strict liability. O If agents

Strict liability is a tort rule that efficiently minimizes social costs:
O When two or more agents are subject to strict liability. O

Strict liability is a tort rule that efficiently minimizes social costs: O When two or more agents are subject to strict liability. O If agents enter contracts. O When single agent activities are involved. O Only when transaction costs are low or equal to zero (0)

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