Which of the Following Is True About Strict Liability

question 24

Multiple Choice

Which of the following is true about strict liability?

• A) It arose in tort law many years ago in the United States.
• B) The theory of strict liability was extended to product liability and by the 1940s it was firmly entrenched.
• C) The injured person need not prove negligence to prevail in court.
• D) Injured consumers had to prove breach of warranty even after the 1960s to prevail in cases where there was some inherent danger in the use of a product.

Understand the calculation and application of duration in bond portfolio immunization and liability matching.

Recognize the limits and assumptions underlying duration and its modifications.

Apply duration analysis to practical scenarios involving interest rate changes and bond portfolio management.

Understand the roles and responsibilities within a buying center.

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Definitions:

Clozapine

Clozapine is an antipsychotic medication used primarily to treat severe schizophrenia, particularly in patients who have not responded to other treatments.

Sore Throat

A painful, dry, or scratchy feeling in the throat, often a symptom of an underlying illness or infection.

Fever

An elevated body temperature, often a sign of infection or illness, indicating an immune response.

Unprotected Sex

Sexual activity without the use of condoms or other barrier methods that reduces the risk of sexually transmitted infections (STIs) and pregnancy.