For the Doctrine of Strict Liability to Apply

question 212

Multiple Choice

For the doctrine of strict liability to apply:

• A) a consumer must have purchased the product directly from the manufacturer
• B) a consumer must misuse the product due to faulty instructions from the manufacturer
• C) a consumer must suffer life threatening injuries
• D) a manufacturer must not intentionally misrepresent the product
• E) none of the other choices are correct

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Definitions:

Capital Gains Yield

The price appreciation component of the total return on an investment, calculated as the increase in the investment's price divided by its initial price.

Dividends

Profit distributions paid out to shareholders by a company.

Shares

Ownership units in a corporation, representing a portion of the company's capital.

Total Percentage Return

A metric that measures the total return on an investment, including both capital gains and dividends or interest, as a percentage of the initial investment.