JD_Toims - 1:37 am on Nov 10, 2013 (gmt 0)
Yes, but what I would not do is code a <p> that includes a list of terms without designating the terms as a list in the source code via <ul> or <ol>.
A <p> is semantic markup in HTML that "communicates" within the source code what a reader "gets" by reading. <ul> and <ol> are essentially the same thing as a <p> to a reader -- What that means is within a <p> that contains a list of "things" it's better for source-code semantics to code it as: <p>Some text </p><ul><li>item 1<li>item 2<li>item 3</ul><p>Some other text</p> rather than coding the whole thing as a <p>.
But "going the other way" <li><p> is not necessary, because semantically within the source code <li> essentially says the same thing as <p>.