Which of the Following Examples Best Illustrates Absolute Liability

question 11

Multiple Choice

Which of the following examples best illustrates absolute liability?

• A) Bob's pet python snake attacked Craig.
• B) While mixing acids in her laboratory, Dr. Ehlers spilled a vial on Ami's shirt.
• C) Jadie's pit bull terrier, known in the neighborhood as ill-tempered and vicious, attacked Stephanie.
• D) All of these choices.

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Definitions:

Risk-free Asset

A Risk-free Asset is an investment with a certain return, with no risk of financial loss, often exemplified by government bonds.

Risky Asset

An investment with a significant degree of uncertainty in its future payoffs, including the potential for losing some or all of the original investment.

Internet Bubble

A period, typically in the late 1990s, characterized by rapid expansion and inflation of the value of internet-based companies, leading to a market crash.

Stock Prices

The current market price of a share of a company's stock, determined by supply and demand in the stock market.