Strict Liability in Tort Applies Only to Products,not to Services

question 52

True/False

Strict liability in tort applies only to products,not to services.

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Definitions:

Lifetime Distribution

The allocation of income or wealth over the span of an individual's life.

Income Mobility

The extent to which income receivers move from one part of the income distribution to another over some period of time.

Income Inequality

A measure that highlights the uneven distribution of individual or household income across a population, leading to economic disparity.