Which of the following is a correct statement regarding strict liability?
A) Strict liability is commonly described as "liability with fault."
B) The most recent major application of strict liability is to the manufacturers of defective products that are "unreasonably dangerous."
C) The basic idea behind strict liability is that the risks associated with certain activities should be borne by an innocent person who has suffered loss.
D) Generally speaking, negligence is a good defense to strict liability suits.

Question

Quizplus · Accepted Answer

Strict liability means that a person who participates in certain kinds of activities is held responsible for any resulting harm to others, despite the use of the utmost care and caution. For this reason, strict liability is commonly described as "liability without fault." The basic idea behind strict liability is that the risks associated with certain activities should be borne by the person whose actions created the risk and caused the loss, rather than by an innocent person who has suffered the loss. Traditionally, strict liability was imposed for those activities that were considered abnormally dangerous or ultrahazardous. The most recent major application of strict liability is to the manufacturers of defective products that are "unreasonably dangerous"-that is, defective in a way that endangers life or property and is not readily apparent to buyers. Generally speaking, assumption of the risk is a good defense to strict liability suits.

Which of the Following Is a Correct Statement Regarding Strict