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In the Palsgraf Case,foreseeability Was an Issue

question 5

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In the Palsgraf case,foreseeability was an issue.What question did the court address in the case?


Definitions:

Inflation

The speed at which the overall price level of goods and services increases, diminishing the buying power.

Financial Distress Costs

The direct and indirect costs associated with going bankrupt or experiencing financial distress.

Capital Markets

Financial markets where long-term debt and equity securities are bought and sold.

Derivatives

Financial instruments whose value is based on the value of an underlying asset, index, or security.

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