A Situation Whereby an Injured Consumer Attempts to Show That

question 4

Multiple Choice

A situation whereby an injured consumer attempts to show that a firm could foresee a potential injury might occur and then decided not to act on that knowledge is referred to as _____.

• A) absolute liability
• B) strict liability
• C) noncompensatory liability
• D) compensatory liability
• E) negligence

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Definitions:

Hypothetical Questions

Queries that are based on imagined or theoretical scenarios, often used to explore possibilities or speculate outcomes.

Critical Incidents

Significant events or situations that have a profound impact, often used in the analysis of organizational operations or human behavior.

Technically Feasible

Refers to a project or proposal that is possible to implement or achieve with the existing technological resources and knowledge.

Economically

Pertaining to the efficient and prudent management or use of resources, often with the objective of saving or minimizing costs.