Expectations Refer to Events That Have Not Yet Happened; Therefore

question 42

True/False

Expectations refer to events that have not yet happened; therefore expectations cannot have any real effect on demand.

Understand market-share liability and its relevance in product liability suits.

Grasp the concept of due care in the context of product liability and its implications for manufacturers and sellers.

Understand the concept of product liability and distinguish between different types of product defects.

Identify the defenses available in product liability cases.