Because Strict Liability Is a Tort Doctrine,privity Does Not Apply,so

question 79

True/False

Because strict liability is a tort doctrine,privity does not apply,so that even bystanders can recover under strict liability.

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Definitions:

Performance Reports

Documents or dashboards that provide information on the financial or operational performance of a business or department.

Management Levels

The hierarchical layers within an organization, typically including top-level, middle, and lower management, each with different responsibilities.

Summarized

Presented in a condensed form that includes main points or highlights, often used to make complex information more accessible.

Value Basis

The method or the initial cost of an investment used for financial reporting and tax purposes.