According to the Spotlight on Small Business Box, Small Businesses

question 15

Multiple Choice

According to the Spotlight on Small Business box, small businesses can make big money by

• A) participating in mass production.
• B) jumping on board with technological advances as they evolve.
• C) shipping products to consumers faster than competitors.
• D) opening online stores to accompany the already established brick-and-mortar shops.

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Definitions:

Product Caused Injury

Refers to harm that results from the use of a manufactured item, often leading to legal action based on claims of negligence or defects.

Strict Product Liability

A legal doctrine that holds sellers, distributors, or manufacturers liable for distributing a defective product to a consumer.

Defect Unexpectedly

A situation where a flaw or imperfection in a product or system appears without warning.

Warning Defect

A failure in a product to adequately instruct or inform users of potential risks or hazards, rendering it dangerous.