Most of the Goods Contained in a Freight Train (A

question 32

Essay

Most of the goods contained in a freight train (a common carrier)were destroyed when a tornado wrecked the train.The carrier was sued for damages by all the shippers that had merchandise on the train.Is the carrier strictly liable for the damage done to the goods by the tornado?

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Definitions:

Porter

Often associated with Michael E. Porter, an economist who developed the Five Forces Framework to analyze competitive forces within an industry.

Framework

A basic structure underlying a system, concept, or text.

Financial Crisis

A situation where the value of financial institutions or assets drops rapidly and the overall economy faces significant difficulties.

Bank of America

One of the largest financial institutions in the United States, offering a wide range of banking and financial services.