Level Grade Engineering, Inc

question 69

Multiple Choice

Level Grade Engineering, Inc., sometimes uses explosives to prepare land for construction projects. Strict liability is imposed on this activity because​

• A) ​Level Grade is a corporation.
• B) ​the activity is inherently negligent.
• C) ​the activity is extremely risky.
• D) ​the amount of liability can be added to the costs of construction.

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Definitions:

Reconciliation

The process of ensuring that two sets of records or data are in agreement and accurate, typically used in finance to match transactions.

Expert Judgment

Insights or assessments provided by individuals with specialized knowledge or expertise in a particular area, used to inform decisions or planning.

Incomplete Information

A scenario where not all relevant information is available, leading to uncertainties in decision-making processes.

Management Reserve

A budgetary allocation set aside to address unknown risks and unforeseen costs in a project.