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In a Strict Liability Case, If It Can Be Proved

question 42

True/False

In a strict liability case, if it can be proved that a business was as careful as possible about its product or service, it is not held liable for the harm that results from its use.


Definitions:

Spending Variance

The variance between the anticipated budget for an expense and the actual expenditure.

Direct Materials

Raw materials that are directly used in the manufacturing of a product and are easily traceable to that product.

Client-Visits

The number of times clients or customers physically visit a business or service location, often used as a metric in service-based industries.

Personnel Expenses

Costs related to the compensation of employees, including wages, benefits, and taxes.

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