Why Is the Application of Strict Liability Necessarily Limited by Canadian

question 35

Multiple Choice

Why is the application of strict liability necessarily limited by Canadian tort law?

• A) Canadian tort law takes contributory negligence into consideration.
• B) Canadian tort law is founded on a strict liability system.
• C) Canadian tort law is founded on a fault-based system.
• D) Canadian tort law is imposed irrespective of proof of negligence.

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Definitions:

Market Risk Premium

The additional return that investors require for assuming the risk of investing in the stock market over a risk-free rate.

Beta

A tool for determining the instability, or systematic risk, present in a security or a portfolio when measured against the general market.

Expected Rate of Return

The anticipated return on an investment, calculated as the weighted average of the possible returns based on their probabilities.

Growth Rate

The measure of a company's or an economy's increase in its revenue, earnings, or asset size over a given period, often expressed as a percentage.