Strict liability is the condition put forward by the legal system, which makes a person or manufacturer answerable and responsible for his deeds or product. If the actions of an individual, caused damages to someone or the society, the individual will have strict liability for the damages. Similarly, if the product of the manufacturer caused substantial damages to the consumers, the manufacturer will have strict liability to the damages of the consumers.
The public policy behind strict liability is that if an individual has suffered damages due to actions of another individual, the victim must be compensated by the accused for the damages incurred.
Specifically for strict liability cases concerning products, all involved in the chain of distribution of the product will be held liable. Chain of distribution comprises people who were involved in the manufacturing and distribution of the product to the consumer. Usually the chain of distribution comprises manufacturer, supplier and distributor.
In cases concerning strict liability, the burden of proof is not on the victims but on the defendants, The defendant needs to prove the liability based on the chain of distribution.
Abnormally dangerous activities are those activities which are dangerous by nature and the liability of the same is generic to all stakeholders and not specific to the people at fault. Example of such activities are nuclear plants, dynamite, etc.
For proving the liability of business in cases related to abnormally dangerous activities, following are the standards:
Question - What is strict liability and the public policy behind it? Who is in the...
Book: BUSINESS LAW, Text and Cases Volume I, Clarkson, Miller, & Cross Write summary 20 sentences. Chapter 7 Negligence and Strict Liability Negligence involves acts that depart from a reasonable standard of care, creating an unreasonable risk of harm to others. Strict liability is liability for injury imposed for reasons other than fault. Negligence Negligence: Failing to exercise the standard of care that a reasonable person would exercise in similar circumstances. n In contrast to intentional...
Risk insurance management: Liability Risk. I did the first
question but need the rest done
Liability Risk - Chap 19 6. What can you recommend to best overcome these defects? 1. List and explain each of the four elements of negligence identified in the chapter. The existence of a legal duty to the plaintiff: requires that the defendant owe a legal duty to the plaintiff The defendant breached that duty: Whether the defendant's actions hurt the plaintiff The plaintiff was...
1. In what ways can operator liability attach to a parent corporation? How did the Sixth Circuit Court disagree with the district court’s analysis? 2. Is direct liability for a parent company’s operation of the facility distinct from derivative liability for the subsidiary’s operation of the facility? Should the focus be on parent and subsidiary or on parent and facility? 3. What norms of corporate behavior does the court look to in determining whether an officer or a director is...
1. Why should monetary policy be made by rule rather than discretion? a. because there is a clear consensus among economists about what a good monetary policy rule would be b. because rules would eliminate the political business cycle c. because rules respond to any random shocks in the economy d. because rules create time inconsistency 2. Why does Canadian public policy discourage saving? a. because, other things the same, taxes increase the return from savings b. because means-tested programs...
Accounting: The Language of Business Discussion Questions 1. What types of people or organizations are interested in financial information about a firm. and why are they interested in this information? 2. What is the function of the Securities and Exchange Commission? 3. What are the three types of business entities, and how do they differ? 4. Why is it important for business records to be separate from the records of the business's owner or owners? What is the term accountants...
The differences & similarities between the federal & state court systems. 2. The structure of the Washington state court system; i.e. the trial court of general jurisdiction, the intermediate appellate court, the state supreme court. 3. Remember, Washington is in the 9 th Circuit Court of Appeals. 4. Under both the Washington state and federal court system, there is one appeal as of right. Appeals to the Washington Supreme Court(in the state system), or to the U.S. Supreme Court in...
Key Partners Key Partners of our travel agency business would be those that provides travel and tourism related services to the public on behalf of suppliers such as activities, airlines, car rentals, cruise lines, hotels, railways, travel insurance, and package tours. Our partner would provide resources like hotel packages, tour packages, rental cars to our customers, etc which would help us to attract customers to our travel agency. Our partner would perform activities like contacting and arranging the accommodation facilities...
1. In a negligence case, to show that the tortfeasor’s conduct was the proximate cause of their injuries, the injured party must show that: A. But-for the tortfeasor’s conduct, the injury would not have occurred. B. There is a causal link between the tortfeasor’s conduct and the injury. C. That the tortfeasor owed a special duty of care to the injured party. D. That the injury was a foreseeable result of tortfeasor’s negligence conduct. 2. U.S company ABC Company agrees...
BUS LAW 205: NEGLIGENCE The case involved a large commercial grass cutter commonly known as a Bush Hog. This one was being pulled behind a John Deere tractor by Bill, a local farmer, when it struck an abandoned manhole cover hidden in the weeds of a vacant lot. A four-inch piece of jagged steel was launched from the swirling blades of the Bush Hog. Once airborne, it traveled 54 feet before striking a 12-year-old boy, Aaron, in the left temple....
Answer critical analysis questions.
ISSUES AND APPLICATIONS Private or Public Auto Insurance: What is Best for Canada? Concepts Applied: Capitalist, Command, and Mixed Systems; Productive Efficiency, Allocative Efficiency; and Equity t the cost of he codents a How does t In response to public outrage over styrocketing car insurance premiums, the consumers' Association of a completed a comprehensive report on auto insurance rates in Canada September 2003 in presenting the report the association noted that government-owned or public auto insurance...