What Is a Major Distinction Between Strict Liability Torts and Intentional

question 11

Essay

What is a major distinction between strict liability torts and intentional torts?

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Definitions:

Accounting Equation

The foundational equation in accounting, Assets = Liabilities + Owner’s Equity, ensuring balance in financial reporting.

Assets

Economic resources owned or controlled by a business or individual, expected to produce future benefits.

Equity

The amount of ownership interest in a company, typically represented by the shares held by its shareholders.

Dividends

Payments made to shareholders out of a company's earnings, distributing a portion of the profit to investors as a return on their investment.