Why Is the Application of Strict Liability Necessarily Limited by Canadian

question 35

Multiple Choice

Why is the application of strict liability necessarily limited by Canadian tort law?

• A) Canadian tort law takes contributory negligence into consideration.
• B) Canadian tort law is founded on a strict liability system.
• C) Canadian tort law is founded on a fault-based system.
• D) Canadian tort law is imposed irrespective of proof of negligence.

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Definitions:

Cash Flows

The overall volume of cash inflows and outflows within a corporation, impacting its availability of liquid funds.

Free Cash Flow

A financial metric that measures the amount of cash generated by a company after accounting for capital expenditures.

Net Income

The total profit of a company after all expenses, taxes, and costs have been deducted from total revenue, indicating financial performance.

Cost of Goods Sold

Expenses directly linked to the creation of a company's sold goods, which include the costs of materials and labor.