What Type of Liability Implies That a Party May Be

question 32

Multiple Choice

What type of liability implies that a party may be held responsible for injury or damage even thought it was not actively involved in the incident?

• A)Cyber
• B)Vicarious
• C)Associative
• D)Mutual

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Definitions:

Data

Information, especially facts or numbers, collected to be examined and considered and used to help decision-making.

Value for Y

This term does not directly correspond to a widely recognized economic concept without additional context. It may be used in specific mathematical or economic models to denote the value of a variable Y.

Marginal Utility

The change in total utility a person receives from consuming one additional unit of a good or service.

Change in Total Utility

The difference in the overall satisfaction a consumer receives before and after the consumption of an additional unit of a good or service.