Examlex
Privity is not a requirement for recovery in a strict tort product liability case.
Regulated
Controlled or governed according to rule or principle, often by legislation.
Environmental Pollution
The contamination of the natural environment by pollutants from human activities, leading to harmful effects on ecosystems.
Property Rights
Legal rights to possess, use, and dispose of assets, including real property (land and buildings) and intellectual property.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they can be consumed by one individual without reducing the availability to another, and no one can be effectively excluded from using them.
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