In Cases of Strict Liability Tort,finding of Fault or Failure

question 90

True/False

In cases of strict liability tort,finding of fault or failure of reasonable care on the defendant's part is necessary.

---

Definitions:

Deadweight Loss

The decline in economic productivity that happens when a good or service does not reach or cannot reach its equilibrium.

Tax

A required monetary fee or different kind of tax levied on a taxpayer by a government entity to finance government operations and a range of public expenses.

Buyers

Consumers or organizations that acquire products or services for direct use or ownership.

Sellers

Individuals or entities that offer goods or services for sale in a market.