All the Following Are Possible Remedies for the Products Liability

question 50

Multiple Choice

All the following are possible remedies for the products liability problem except:

• A) a federal uninsured consumer fund for making claims payments
• B) a limit on "pain and suffering" damage claims
• C) an end to contingency fees for lawyers
• D) reduce the cost of product liability awards

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Definitions:

General Direction

A broad outline or course of action that indicates a path forward but lacks specific details.

Position of Influence

A role or status that allows an individual to have an effect on the actions, behavior, or opinions of others.

Transactional Leader

A leadership approach based on transactions or exchanges between leaders and followers, involving rewards for achievements and penalties for failures.

Sales Goals

Specific objectives set for a sales team or individual salesperson to achieve within a certain timeframe.