Inadequate Testing of a Product Can Support a Product Liability

question 56

True/False

Inadequate testing of a product can support a product liability lawsuit based on strict liability.

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Definitions:

Systematic Account

An organized method or approach to recording financial transactions or accounts that follow a consistent procedure.

Outcomes

The results or effects that stem from certain actions, processes, or behaviors.

Sales-Cost Ratio

A metric used to evaluate the effectiveness of sales efforts by comparing the cost of achieving sales to the amount of sales generated.

Overnight Trips

Short travel or journeys that involve staying away from home for one night, often for business or leisure purposes.