In Evaluating the Adequacy of a Product's Design,some Courts Apply

question 28

True/False

In evaluating the adequacy of a product's design,some courts apply a "risk-utility" analysis,which requires proof that the product is more dangerous than the ordinary consumer would expect.

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Definitions:

Unlimited Liability

A legal structure in which the owners of a business are personally liable for all the business's debts, with no limit on the amount for which they can be liable.

Mutual Agency

A principle of partnership where each partner has the authority to bind the partnership in contract with third parties.

Governmental Regulations

Laws and rules established by governments to control or influence business practices and operations.

Corporate Form

A form of business organization that is recognized as a separate legal entity from its owners, providing limited liability and allowing ownership to be easily transferred.