The Doctrine Under Which Liability Is Apportioned Among Various Companies

question 18

Multiple Choice

The doctrine under which liability is apportioned among various companies according to their market share of a product is

• A) comparative negligence.
• B) contributory negligence.
• C) enterprise liability.
• D) proportional liability.

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Definitions:

Survivorship Bias

The error of focusing only on the entities that have survived some process and overlooking those that have failed.

Mutual Funds

Shareholder-funded investment platforms which engage in trading within diversified portfolios under professional management.

Lock-up Restrictions

Contractual limitations on the sale of securities, typically imposed on company insiders following an initial public offering.

Less Liquid

A term describing an asset that cannot be quickly sold or converted into cash without significant loss of value.