Examlex
What is meant by the term business cycle? List the four phases of the business cycle.
Functioning Muffler
A device on a vehicle or machinery that reduces noise produced by the exhaust system.
Strict Liability
A legal doctrine that holds a party responsible for their actions or products without the need to prove negligence or fault.
Standard Rationale
A common or accepted reason or logic behind a decision, action, or rule, typically one that is widely accepted within a specific field or discipline.
Liable Irrespective
The notion of being liable irrespective means being legally responsible for something regardless of certain conditions or factors that might otherwise influence or excuse the liability.
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