Bond ratings are positively related to

Which of the following statements is true about strict liability in tort?

A) Product liability actions based on strict liability in tort focus on the producer or manufacturer. B) To succeed in a strict liability action, the plaintiff must prove that the defendant did not exercise the degree of care that is reasonably expected under those circumstances. C) A failure by the manufacturer or seller to adequately warn of a risk or hazard associated with the product can be used by the plaintiff to establish that the product is defective. D) To be successful in a strict liability action, the plaintiff must prove that the product developed a defect before it was sold.

Under a mutual rescission, the parties to a contract:

A) Agree to new terms. B) Involve a third party in the contract. C) Agree to perform a contract a second time under the same terms as the original. D) Agree to undo and cancel a contract.