Which of the Following Is a Correct Statement Regarding Strict

question 22

Multiple Choice

Which of the following is a correct statement regarding strict liability?

• A) Strict liability is commonly described as "liability with fault."
• B) The most recent major application of strict liability is to the manufacturers of defective products that are "unreasonably dangerous."
• C) The basic idea behind strict liability is that the risks associated with certain activities should be borne by an innocent person who has suffered loss.
• D) Generally speaking, negligence is a good defense to strict liability suits.

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Definitions:

Four-Figure Accuracy

A level of precision in numerical representations where the number is rounded or truncated to four significant digits.

Terminating Decimal

A decimal characterized by a restricted amount of digits after the decimal point.

Five-Figure Accuracy

The level of precision in numerical reporting or computation that includes five significant digits.

Four-Figure Accuracy

A term used to describe a level of precision in numerical calculations or measurements that ensures accuracy to the nearest thousand.