The Law Imposes Strict Liability as a Matter of Public

question 29

True/False

The law imposes strict liability as a matter of public policy based in part on the assumption that manufacturers can better bear the costs associated with injuries caused by their products.

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Definitions:

Triple Bottom Line

A sustainability framework that evaluates a company's performance according to its impact on people, planet, and profit.

Corporate Social Responsibility

An approach by companies to conduct their business in an ethical way, taking into account their impact on society, the economy, and the environment.

CSR Capital Investments

Spending by businesses on projects that improve society or the environment, in addition to seeking financial returns.

Performance Measurement System

A set of metrics used to evaluate and analyze an organization's effectiveness, efficiency, and performance in achieving its objectives.