Which of the following is not one of the legal liabilities that may arise from various business activities?
A) statutory liability
B) contractual liability
C) tort liability
D) pure liability

Question

Quizplus · Accepted Answer

Pure liability is not a legal liability that may arise from various business activities. Statutory liability refers to liabilities that arise from violations of laws or acts passed by governmental bodies, contractual liability arises from violations of a contractual agreement, and tort liability arises from harm caused to another individual or property.

Which of the Following Is Not One of the Legal