Examlex
In a product liability action,if a violation of strict liability has been found,the plaintiff may recover compensatory damages and also may be able to recover punitive damages if the defendant's conduct has been reckless or intentional.
Opportunity Cost
The cost of foregoing the next best alternative when making a decision or choosing to undertake one action over another.
Computer
An electronic device capable of performing calculations and tasks according to a set of instructions called programs.
Roses
Flowers known for their beauty and fragrance, extensively used in gardens and as symbols of love and remembrance.
Absolute Advantage
The ability of an entity to produce a good or service more efficiently than its competitors with the same amount of resources.
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