________Is the Legal Liability of Manufacturers, Sellers, and Lessors of Goods

question 141

Multiple Choice

________is the legal liability of manufacturers, sellers, and lessors of goods to consumers, users, and bystanders for injuries or damages that are caused by the goods.

• A) Tort liability
• B) Intentional tort
• C) Fraud
• D) Product liability

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Definitions:

Ultimate Collection

A term typically referring to the most complete or finest selection of items in a particular category or series.

Government Grants

Financial assistance given by the government to individuals, organizations, or companies in support of activities that are considered beneficial to the public interest.

Profit-Oriented Enterprise

An organization that operates with the primary goal of earning profits, as opposed to non-profit organizations.

Not-for-profit Organization

An entity that operates for purposes other than generating profit for owners or shareholders, focusing instead on a mission or specific group of people.