Understanding Business
Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Chapter A.3, Problem 5TP
Summary Introduction

To determine: The strict product liability and product liability.

Introduction: The strict product liability is business law which says that a seller, manufacturer and distributor of the product are liable of the injured by the product.

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Product liability is the responsibility of a manufacturer for any injuries or damages caused by a faulty product?
o   e. A manufacturer loses a multimillion-dollar product liability suit.
4. Differentiate between Hazard & Harm. Explain serious harm?
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