Which of the Following Statements Regarding Product Liability Is Not

question 16

Multiple Choice

Which of the following statements regarding product liability is not true?

• A) One major problem with using negligence for product liability is that the plaintiff must show some specific act of negligence.
• B) Failure to warn about a generally known danger usually will lead to liability.
• C) Strict liability is a "no fault" system.
• D) To be held liable in strict liability, the product should not have been modified since it left the defendant's control.
• E) Strict liability applies to both physical injury and property damage in most states.

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Definitions:

Shoplifter

An individual who steals merchandise from a retail store.

Best Response

A strategy that yields the highest payoff for a player given the strategies chosen by other players in a strategic interaction or game.

Simultaneous Game

A type of game in game theory where all players make their decisions or choose their strategies at the same time.

Security Guard

A person employed to protect property, assets, or people.