According to the Doctrine of Strict Liability, Which of the Following

question 41

Multiple Choice

According to the doctrine of strict liability, which of the following parties is strictly liable for injuries caused by a defective product?

• A) only the manufacturers of the products
• B) only the parties directly involved in the sale of the product to the customer
• C) all parties providing services related to the product
• D) all parties in the chain of distribution

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Definitions:

Retirement

The act of leaving one's job and ceasing to work, usually due to reaching a certain age or for health reasons.

Investment

The practice of investing funds with the view of accruing financial gains or income.

Annual Interest Rate

The percentage of principal charged or earned as interest for a period of one year.

Future Value

The value of an investment at a specific date in the future, accounting for factors like interest rates and compounding.