What Is the Significance of a "Defect" in a Products

question 90

Multiple Choice

What is the significance of a "defect" in a products liability case based on strict liability?

• A) It is not necessary, but it can be used to eliminate the need to prove that there was an injury.
• B) It is a required element in the proof of such a case.
• C) Its presence would allow punitive damages to be awarded.
• D) Its presence would eliminate liability for the defendant.
• E) The party who caused the defect is the only one who can be held liable.

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Definitions:

Fixed Cost

Costs that remain constant in total regardless of changes in the level of activity or volume of production.

Pretax Income

The income a company generates before any taxes are deducted.