Strict liability standard instead of negligence standard

Assignment Help Business Economics
Reference no: EM13853209

In what situations will a court impose a strict liability standard instead of a negligence standard? Provide a real-world example of a strict liability case. Is imposing this standard fair? Are strict liability standards fair as a general rule?

Reference no: EM13853209

Questions Cloud

Consumption-leisure model : Find the optimal consumption bundle. Suppose that the consumer experiences an increase in real wage. Find the new optimal consumption bundle and determine the income and substitution eects. Clearly indicate both eects on consumption and leisure chose..
Income and substitution eects : Explain what the income eect is. You may use plain English or use an illustrative example. However, you must convince me you know what it is without copying a denition. Repeat the above for the substitution eect.
Explain what an indierence curve : Explain what an indierence curve is. Explain why an indierence curve always has a negative slope. Indierence curves are concentric to each other. What does an indierence \above" another indierence curve indicate? Can an indierence curve bend up? Expl..
Explain what the slope of the budget constraint : Provide an interpretation for the budget constraint. Explain what the slope of the budget constraint is. Explain what sign cant about the point of tangency is between highest in difference curve and the budget constraint. At this point of tangency, w..
Strict liability standard instead of negligence standard : In what situations will a court impose a strict liability standard instead of a negligence standard? Provide a real-world example of a strict liability case. Is imposing this standard fair? Are strict liability standards fair as a general rule?
Intellectual property and pharmaceutical drugs : In “Intellectual Property and Pharmaceutical  Drugs: An Ethical Analysis,” Richard T. De George lays out what he comes to  call the “Status Quo Approach” as a defence of copyright protection of pharmaceuticals.   Do you find this argument persuasive ..
The demand for ford trucks : The demand for Ford trucks
Ae problem : Suppose the initial conditions of the economy are characterized by the following equations in black font. We then shock the economy as shown in the red font.
Developing a therapeutic care plan : The holistic caring process utilizes the steps of assessment, identification of patterns/challenges/needs, defining specific outcomes, developing a therapeutic care plan, and implementation and evaluation of the plan.

Reviews

Write a Review

Business Economics Questions & Answers

  Government purchases and net exports change

For each of the following transactions, how much does US GDP increase? And how much, if at all, do consumption, investment, government purchases and net exports change?

  Level of employment and the firms fixed costs are zero

Assume all markets are competitive, the product price is p = $2 per unit, the wage rate is w = $16 per hour and the firm's production function is q=E(36?E), where E is the level of employment and the firm's fixed costs are zero.

  Determine the MACRS depreciation for tax purchase for year

You purchased a commercial building on August 1, 2003 that you are renting to a business. The total purchase price was $140,000. You estimate that the value of the lot is $150,000 of the total purchase price. You plan to sell the building on May 30, ..

  Relationship between employment and economic activities

If employment in a country decreases when the economic activities of that nation declines, the relationship between employment and economic activities can be considered as which of the following?

  Dynamic tensions manifest themselves in different ways

Do dynamic tensions manifest themselves in different ways depending whether the friendships are face-to-face or online? Are these tensions resolved differently in face-to-face and in social networking interactions?

  Qqd 2000 - 25 p 2 a where p represents cost as well as a

q.qd 2000 - 25 p 2 a where p represents cost as well as a is the number of weekly advertisements. presently the

  Explain the decline in deficits and subsequent surpluses

U.S. Budget Deficit: Visit the website of the Congressional Budget Office and find the U.S. Federal deficit (surplus) and total debt. As late as 1992, the United States was running budget deficits of nearly $300 billion.

  What level of money supply should the central bank set

What level of money supply should the central bank set next year if it wants an inflation rate of 4%? What growth rate should the central bank set for the money supply if they want inflation to be steady at 2% per year?

  Firm is not able to price discriminate

Find out the optimal price-quantity if the firm is not able to price discriminate.

  Loved one child more than the other

Gary has two children, Kevin and Dora. Each one consumes "yummiest" and nothing else. Gary loves both children equally.

  Why a weaker dollar could involve the uk balance

Explain why a weaker dollar could involve the UK balance of trade deficit.

  What will happen to the hedonic wage function

what will happen to the hedonic wage function after the public relations campaign? what will happen to where each individual miner locates on the hedonic wage function?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd