Examlex
Incoming cash flows are "negative," whereas outgoing flows are "positive."
Products Liability Action
A legal claim against a manufacturer or seller for producing or selling a defective product causing injury or damage.
MacPherson Case
A landmark legal case that established the principle of duty of care in negligence, making manufacturers liable for harm caused by defective products.
Foreseeable Plaintiff
A person who is reasonably expected to be affected by a defendant's actions, thus entitled to protection under the duty of care in negligence law.
Duty of Care
A legal obligation imposed on individuals or organizations to adhere to a standard of reasonable care while performing any acts that could foreseeably harm others.
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