Which Type of Liability Applies When Engaging in Activities That

question 46

Multiple Choice

Which type of liability applies when engaging in activities that have an inherently dangerous nature?

• A) Misrepresentation liability
• B) General liability
• C) Strict liability
• D) Special liability
• E) Vicarious liability

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Definitions:

Human Development Index

A composite statistic of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development.

Carrying Capacity

The largest number of individuals of a species that can be supported indefinitely by an environment, considering the availability of essential resources such as food, living space, water, and other requirements.

Unlimited Economic Growth

The concept that an economy can grow indefinitely without encountering significant environmental or resource limitations.

Economists

Professionals who study the production, distribution, and consumption of goods and services, focusing on how economies work and how economic policies affect societal well-being.