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Mai is struck and injured when the brakes fail on Novi's all-terrain vehicle (ATV) , which is damaged in the collision. Off-Road Inc. sold the ATV to Novi. Under product liability laws, Off-Road could be liable to
Economic Growth
An increase in the production of goods and services in an economy over a period of time, typically measured by the rise in GDP.
Government Borrowing
The process by which a government obtains funds from the private sector or other countries, typically through issuing securities.
Interest Rate
The percentage of a sum of money charged for its use, typically expressed as an annual percentage.
U.S. Dollar
The official currency of the United States, widely used as a benchmark and reserve currency globally.
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