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The Risks of an Abnormally Dangerous Activity Must Outweigh the Benefits

question 8

True/False

The risks of an abnormally dangerous activity must outweigh the benefits the activity brings to the community in order for absolute liability to apply.


Definitions:

Price Discrimination

A practice of charging different prices to different customers for the same product or service, where such differences are not justified by differences in cost.

Discounted Price

A reduced price offered on goods or services, typically to stimulate sales or clear out inventory.

Antitrust Law

Legal regulations designed to promote competition and prevent monopolistic practices by prohibiting unfair business practices and mergers that significantly reduce competition.

Exempt

Status or conditions that provide immunity or exception from a general rule, such as certain incomes being exempt from tax.

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