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______________ Refers to the Values and Standards of Behavior That

question 28

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______________ refers to the values and standards of behavior that people in society profess to hold.

Comprehend how title and risk of loss transfer in various sales contracts.
Recognize the role and liabilities of common carriers in shipping contracts.
Identify the characteristics and implications of goods-in-bailment contracts.
Understand the conditions and implications of simple delivery contracts.

Definitions:

Intended Harm

Intended harm refers to injuries or damages that were willfully caused by an individual’s actions, with the knowledge and purpose of causing harm.

Strict Liability

A legal doctrine that holds an individual or entity responsible for damages or harm caused, regardless of negligence or intent.

Superseding Event

An unforeseeable event that interrupts the chain of causation and relieves all parties of liability.

Assumption of Risk

A legal doctrine under which an individual knowingly and willingly takes on the risks associated with an activity, potentially limiting liability for harm that occurs as a result.

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