In Strict Liability,if a Company Sells a Beverage in a Can

question 4

True/False

In strict liability,if a company sells a beverage in a can that has sharp edges and injures several consumers,it will be held liable even if it didn't know about the problem.

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Definitions:

Time Frame

A specified period during which certain activities or events occur or are completed.

Short-Term Profits

Gains realized from business operations or investments over a short period, typically within a year, focusing on immediate financial returns.

Leadership Team

A group of individuals at the helm of an organization who are responsible for setting strategies, making decisions, and guiding the entity towards its goals.

Employee Stock Ownership Plan

A company-run program in which employees are given shares in the company as a part of their compensation, aiming to align employees' interests with the performance of the company.