A strict-liability crime: . Multiple choice question. does not require a guilty state of mind on the part of the corporation requires the corporation to be punished with fine of at least $10,000 only applies if the corporation is charged with committing larceny is defined as one where punishment includes more than one year in prison

Brian has just finished college. he wants to set up a small business to make and sell fireworks. he registers his company and acquires a license from the government. he finds that most of his competitors are selling fireworks at an extremely low price. he would like to make more money, so he decides to innovate and develop better fireworks. he sells his fireworks at a higher price, and they are a huge hit with the customers. after a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. he even starts exporting fireworks overseas. which type of economy does this scenario describe?