Which One of the Following Lists Presents the Three Major

question 1

Multiple Choice

Which one of the following lists presents the three major categories of "legal liability"?

• A) Breach of contract, res ipsa loquitor, torts
• B) Criminal wrongs, product liability, intentional interference
• C) Torts, breach of contracts, liability without fault
• D) Breach of contracts, torts, criminal wrongs

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Definitions:

Trade Barriers

Measures imposed by governments to regulate or limit international trade, including tariffs, quotas, and import bans.

Economic Growth

An increase in a country's output of goods and services, typically measured by GDP, over time.

Hong Kong

A Special Administrative Region of China known for its vibrant economy, tall skyline, and deep natural harbor.

North American Free Trade Agreement

A trade agreement between Canada, Mexico, and the United States to reduce trade barriers and promote economic cooperation.