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Indicate Under What Circumstance the Defence of Voluntary Assumption of Risk

question 86

Essay

Indicate under what circumstance the defence of voluntary assumption of risk or volenti will be available.


Definitions:

Automobile Manufacturer

A company that engages in the design, production, marketing, and selling of motor vehicles.

Market Prices

The prevailing rates at which goods and services are traded in the market, determined by supply and demand.

Inputs

Resources used in the production process, including labor, materials, and capital.

Proprietorships

businesses owned and operated by a single individual, where the owner is personally responsible for the company's debts and obligations.

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