While your observation may be true in general it is off the mark in
this instance. Try both these documents against the HTML 2.0 DTD -
they are both valid:
<!DOCTYPE HTML PUBLIC "-//IETF//DTD HTML//EN">
<title>LI test</title><ul><li>one</li><li>two</li></ul>
<!DOCTYPE HTML PUBLIC "-//IETF//DTD HTML//EN">
<title>LI test 2</title><ul><li>one<li>two</ul>
--
Chris Lilley, Technical Author
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