Solution-Explain why both strict liability and negligence

Explain why both strict liability and negligence

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Reference no: EM131399177

Explain why both strict liability and negligence (with the correct standard of care) are efficient when the appropriate action removes all harm to third parties, but only strict liability is efficient when there is residual harm. [Assume nothing that is not present in the problem.] What conditions not described in the problem above might exist to make strict liability inefficient?

Reference no: EM131399177

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Explain why both strict liability and negligence

Reference no: EM131399177

Reference no: EM131399177

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