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SCENARIO 14-1
The table below contains the sparklines for the rates of return (in percentage) for three different stocks from 2007 to 2013.
-Referring to SCENARIO 14-1, the pattern of the rates of return of stock and stock are similar.
Strict Liability
The doctrine under which people may be liable for injuries to others whether or not they have been negligent or committed an international tort. Also called absolute liability.
Unavoidably Dangerous
Products or activities that cannot be made completely safe, no matter the amount of caution used in their design or execution.
Punitive Damages
Damages in excess of actual losses suffered by the plaintiff awarded as a measure of punishment for the defendant’s wrongful acts. Also called exemplary damages.
Strict Liability
Legal responsibility for damages or injury, even if the person found strictly liable was not at fault or negligent.
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