The Elements of an Action in Strict Product Liability Include

question 45

True/False

The elements of an action in strict product liability include that a plaintiff must incur harm by the use or consumption of a product.

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Definitions:

Discretionary Responsibility

The expectation for businesses or individuals to take actions that are not mandated by laws or regulations, but are considered ethically correct.

Ethical Responsibility

The duty to conduct oneself and make decisions according to a code of moral principles and values.

Economic Responsibility

The obligation of an organization or individual to make decisions that positively influence the economic well-being of society and stakeholders.

Moral Expectations

The ethical standards and behaviors that society believes individuals or organizations should adhere to.