What Are the Differences Between Downscoping and Downsizing and Why

question 7

Essay

What are the differences between downscoping and downsizing and why are each used?

---

Definitions:

Strict Liability

Legal principle where the defendant is liable for the consequences of an action, regardless of their intention or negligence.

Inherently Dangerous

Activities or conditions that naturally involve a risk of injury or harm without needing negligence to be proved for liability.

Express Assumption

A clearly stated acceptance of risk or conditions as part of an agreement or contract.

Written Contract

A legally binding agreement between two or more parties that is expressed in written form.