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Under the Common Usage Principle, an Abnormally Dangerous Activity Is

question 6

True/False

Under the common usage principle, an abnormally dangerous activity is one that is not commonly undertaken in everyday life.


Definitions:

GIC

A Guaranteed Investment Certificate (GIC) is a Canadian investment that offers a guaranteed rate of return over a fixed period.

Monthly Interest

Monthly interest is the amount of interest earned or paid on an investment or loan calculated and paid on a monthly basis.

Regular-interest

The standard or typical interest rate applied to savings or investment accounts, calculated over a set period.

Invested

The method of placing financial resources in expectation of yield or profit.

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