Examlex
For observers in the Northern Hemisphere,which of the following is true?
Risk
The possibility of loss or damage arising from a specific action or event.
Defence
Legal arguments and evidence presented to counter a claim or accusation in a court of law.
Errors and Omissions
A type of professional liability insurance that protects companies and individuals against claims made by clients for inadequate work or negligent actions.
Strictly Liable
A legal principle where a party is held responsible for damages or loss, regardless of fault or intent.
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