With Regard to CSR,the Growing Number of Board Committees and Vice

question 44

Multiple Choice

With regard to CSR,the growing number of board committees and vice presidents of corporate responsibility implies more _____ than usually exists in practice.

• A) decentralization
• B) silent decentralization
• C) centralization
• D) libertarianism

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Definitions:

Strict-Liability Torts

Legal claims that impose liability on a party without a finding of fault, such as liability for harm caused by inherently dangerous activities or defective products.

Inherently Dangerous

An activity or condition is inherently dangerous if it naturally has potential to cause harm or damage without additional negligence or intent.

Precautions

Measures taken in advance to prevent harm or secure good outcomes.

Tort

A civil wrong that causes a claimant to suffer loss or harm, resulting in legal liability for the person who commits the tortious act.