ACCT352 Lecture Notes - Lecture 2: Microsoft Word, Percussion Instrument
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Assignment 2: due monday, march 20, 2017, by 5:59 p. m. must be submitted in microsoft. Choose two of the three questions and discuss. Strict liability is defined as liability without fault. That is, a participant in a covered activity will be held liable for any injuries caused by the activity, even if he or she was not negligent. (111) I believe it is only fair for companies to be held liable under the theory of strict liability if the business" service or good has caused an abnormally dangerous [activity] (111) such as death or serious injury. In order to properly argue that it is fair to hold businesses liable under the theory of strict liability, it is important to clarify what type of business it is. For example, a clothing store should not be held under strict liability, unless the clothing does not follow the regulations (i. e. children"s clothing being made of non-flame retardant fibers and fabric).