Under the Doctrine of Strict Liability,liability Is Imposed Only If

question 1

Multiple Choice

Under the doctrine of strict liability,liability is imposed only if a person fails to use all reasonable care.

• A)if Ike intended to push Joan.
• B)only if Ike did not intend to break Joan's arm.
• C)only if Ike had a bad motive for pushing Joan.
• D)only if Ike intended to break Joan's arm.

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Definitions:

Sales

The revenue generated from the sale of goods or services by a company during a particular period.

Unit Contribution Margin

The amount of revenue per unit sold that exceeds the variable costs involved in producing that unit.

Operating Income

Earnings before interest and taxes (EBIT), representing the profit from regular business operations.

Fixed Costs

Expenses that do not change with the level of output or sales, such as rent, salaries, and insurance.