What is the significance of a "defect" in a product liability case based on strict liability?
A) Its presence would eliminate liability for the defendant.
B) It is a required element in proof of such a case.
C) Its presence would allow punitive damages to be awarded.
D) The doctrine of strict liability.
E) It is not necessary, but can be used to eliminate the need to prove that there was an injury.
B
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Why are dividends from a mutual insurer not subject to taxation?
A) Because insurance premiums are tax-deductible B) Because dividends are already subject to capital gains C) Because dividends are payable directly to the policyholder D) Because dividends are considered to be a return of premium
A developer can use the Improvement Act of 1911 as amended to raise funds for all of the following purposes, EXCEPT to:
A. purchase land for subdivision. B. provide for drainage. C. construct sewers. D. develop off-site improvements.