Which of the Following Defenses Used in the Case of Strict

question 86

Multiple Choice

Which of the following defenses used in the case of strict product liability states that the product met the prevailing industry standards at the time of its manufacture?

• A) State-of-the-art
• B) Statute of repose
• C) Contributory negligence
• D) Comparative negligence
• E) Assumption-of-the-risk

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Definitions:

Excise Tax

A tax levied on specific goods, services, or activities, often included in the price of products like gasoline, alcohol, and tobacco.

Tax Revenue

The income received by the government from taxes imposed on individuals and businesses, used to fund public services and government obligations.

Leather Shoes

Footwear made from the hide of animals, treated for durability and flex.

Tax Revenue

The income that is gained by governments through taxation, which is used to fund public services and goods.