Examlex
Which of the following requires a formal journal entry?
Negligence
A failure to behave with the level of care that someone of ordinary prudence would have exercised under the same circumstances, which results in unintended harm to another.
Liable
Legally responsible or obligated to make amends for harm caused by one's actions or negligence.
Action in Negligence
A legal claim brought against someone for harm caused by their failure to act as a careful person would under similar circumstances.
Doctrine of Strict Liability
A legal principle holding parties responsible for damages or harms caused by their actions, regardless of fault or intention.
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