Why is the direct causation rule criticized by some?
What will be an ideal response?
The direct-causation rule is commonly criticized because a logical extension of the rule would result in limitless liability.
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__________ is an individual's personal responsibility for the debts or obligations of a business, using the personal assets of the business owner, such as a home, bank accounts, or other property, to pay the business obligations
a. Corporate liability b. Personal liability c. Partnership liability d. Shareholder liability
This leasehold is created when a tenant retains possession after the expiration of a valid tenancy:
A. Tenancy by sufferance B. Tenancy at will C. Tenancy by covenant D. Periodic tenancy
A Uniform Commercial Code (UCC) filing is often used by creditors to secure rights to ________ specified in secured financing agreements
A) Securities B) Classified trade agreements C) Collateral D) Unilateral agreements
T or F Permitting physical and mental examinationsdiscourages the filing of false or exaggerated claims.
Answer the following statement true (T) or false (F)