The Concept of Strict Liability, as Found in the U

question 19

Multiple Choice

The concept of strict liability, as found in the U.S. legal system, applies:

• A) to harm done by the designer/manufacturer without the need to prove negligence.
• B) to harm done within narrow limits, considering the design of the product.
• C) to children harmed by products in both the United States and the EU.
• D) strictly to harm caused by the designer/manufacturer, so no penalties outside of damages can be awarded.
• E) none of the above.

Knowledge about the use of isometric drawings in representing objects.

Understand the classifications of collateral according to the Code.

Comprehend the processes and legal considerations involved in creating and perfecting a security interest.

Recognize the implications and outcomes of court cases related to secured transactions.

---

Definitions:

Positive Land Rent

The income received by landowners for the use of their land, typically due to the land's desirable location or fertility, which generates a return above the minimum needed to bring the land into production.

Values

The importance or worth that people attach to different things, ranging from material goods to principles and ethical standards.

Acres

A measurement unit used primarily in the United States, equal to 43,560 square feet, often used to describe the size of land.

Allocation of Land

The process of distributing land resources among competing uses or users according to certain criteria, policies, or plans.