A Manufacturer Is Not Liable for a 'Safety Defect' Under

question 42

Multiple Choice

A manufacturer is not liable for a 'safety defect' under ACL Part 3-5 if:

• A)the safety defect relates to the packaging of goods.
• B)the safety defect relates to the way the goods are marketed.
• C)the safety defect did not exist at the time the goods were manufactured.
• D)the safety defect exists because the manufacturer failed to comply with a mandatory standard.

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Definitions:

GATT

Stands for the General Agreement on Tariffs and Trade, which was a multilateral agreement aiming to reduce tariffs and other trade barriers internationally until it was replaced by the WTO.

Worldwide Tariffs

Taxes imposed by countries on imported goods in order to protect domestic industries or to generate revenue.

Rounds

Repeated sequences or stages of activity, often used in the context of funding phases for startups.

Joint Ventures

A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task.