Which of the Following Holds a Company Liable for Damages

question 25

Multiple Choice

Which of the following holds a company liable for damages caused by a defective product even if the company was unaware of the defect at the time of sale?

• A) network responsibility
• B) managerial liability
• C) patent infringement
• D) strict product liability

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Definitions:

Consumer Decision Making

The process by which consumers identify their needs, gather information, evaluate options, and make purchasing decisions.

Participatory Commerce

An ecommerce model where consumers actively participate in the marketing, selling, and often the development of products.

Social Commerce Strategy

A plan that integrates social media interaction to influence consumers' buying decisions and improve direct selling capabilities.

User-Generated Content

Content created and shared by the users of a platform or service, including videos, posts, blogs, and reviews, contributing to the wealth of digital content available.