Which of the Following Was the Result in Pliva,Inc

question 18

Multiple Choice

Which of the following was the result in Pliva,Inc.v.Mensing,the case in the text before the U.S.Supreme Court involving the issue of whether the federal law requirement that generic drugs must bear the same FDA-approved labels as their brand-name counterparts preempts state law claims for failure to warn?

• A) That federal law did not preempt state law claims for failure to warn.
• B) That federal law preempted state law claims for failure to warn.
• C) That federal law preempted state law claims for failure to warn based on strict liability but that failure to warn claims based on negligence could proceed.
• D) That federal law preempted state law claims for failure to warn based on negligence but that failure to warn claims based on strict liability could proceed.

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Definitions:

Required Reserve Ratio

The fraction of deposits that banks are required to hold in reserve and not lend out, typically determined by a central bank.

Total Money Supply

The entire stock of currency and other liquid instruments circulating in a country's economy as of a particular time.

Money Supply

The overall accumulation of monetary assets in an economy at a certain point, including cash, coins, and funds in checking and savings accounts.

Reserves

Assets held by a financial institution or an individual as a buffer for potential future liabilities or emergencies.