If a Statute Is Found to Be Applicable to a Fact

question 88

Multiple Choice

If a statute is found to be applicable to a fact situation, then the courts will hold that an unexcused violation of that statute which causes an injury to another is:

• A) strict liability.
• B) res ipsa loquitur.
• C) negligence per se.
• D) assumption of the risk.

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Definitions:

Environmentally Sound

Practices or operations that have a minimal negative impact on the environment, promoting sustainability.

Lease Rate

The cost of leasing or renting a particular asset, property, or equipment, usually expressed as a payment amount per time period.

Sale And Leaseback

A transaction where a company sells an asset and leases it back from the buyer, providing liquidity while retaining the asset's use.

Lessee

A lessee is a person or entity who rents land or property from a lessor under the terms of a lease agreement.