Strict Liability Was First Promulgated in the Restatement (Second)of Torts

question 3

True/False

Strict liability was first promulgated in the Restatement (Second)of Torts in section 402A.

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Definitions:

Regulatory Controls

Mechanisms put in place by a government or regulatory body to manage operations and behaviors within industries to ensure compliance with legal standards and to protect public interest.

Unlimited Liability

A legal obligation in business where owners are personally responsible for all debts of the business, extending to their personal assets.