Which of the Following Is Not a Requirement for Strict

question 32

Multiple Choice

Which of the following is not a requirement for strict product liability?

• A)The product must be in a defective condition when the defendant sells it.
• B)The product must be unreasonably dangerous to the user or consumer because of its defective condition.
• C)The defective condition must be the proximate cause of the injury or damage.
• D)The defective condition of the goods must have been changed from the time the product was sold to the time the injury occurred.

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Definitions:

Interest

The charge for borrowing money or the return on invested capital, typically expressed as an annual percentage rate.

EBITDA Coverage Ratio

A financial metric that assesses a company's ability to pay off its debts, calculated by dividing EBITDA by total debt service costs.

EBITDA

Earnings Before Interest, Taxes, Depreciation, and Amortization, a measure of a company's operating performance.

Interest Charges

Costs incurred by borrowers for the use of borrowed money, typically expressed as an annual percentage rate.