In Case of the Use of Automobiles, Explain Two Approaches

question 11

Essay

In case of the use of automobiles, explain two approaches that impose tort liability on the owner of the automobile.

---

Definitions:

Large Amounts

This term commonly refers to substantial or significant quantities, often in the context of transactions, investments, or financial operations.

Uncertain Outcome

A situation or event where the final result is not known or cannot be predicted with certainty.

Hurdle Rate

The minimum rate of return on a project or investment required by a manager or investor to proceed with the project.

Hurdle Rate

The minimum acceptable rate of return on an investment, used as a benchmark to assess its financial viability.