Who Advocated a Doctrine That Would Be Later Be Known

question 66

Multiple Choice

Who advocated a doctrine that would be later be known as laissez-faire?

• A) John McDonald
• B) Adam Smith
• C) Robert Walpole
• D) Robert Burns
• E) Lord Gordon Brown

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Definitions:

Merchant Status

A classification under the Uniform Commercial Code for individuals or entities acting in a commercial capacity, demonstrating knowledge or expertise specific to the goods involved in the transaction.

Product Design

The process of imagining, creating, and iterating products that solve users' problems or address specific needs in a given market.

Contributory Negligence

A legal doctrine that reduces the amount of damages a plaintiff can receive based on their own negligence contributing to the harm.

402A

A section of the Restatement (Second) of Torts, which sets out the principle of strict liability for harm caused by defective products.