The Fun Tyme Toy Company Discovers That One of Its

question 25

Multiple Choice

The Fun Tyme Toy Company discovers that one of its products can easily break,exposing children to potential injury from the sharp parts.Under the Consumer Product Safety Act of 1972,how long does Fun Tyme have to report this defect to the Consumer Product Safety Commission?

• A)24 hours
• B)3 days
• C)7 days
• D)30 days

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Definitions:

Liable

Legally responsible or accountable for actions or outcomes, often necessitating compensation for damages or loss caused.

Defect

A flaw or imperfection in a product or document that makes it inadequate or puts it out of compliance with standards or expectations.

Accident

An unplanned event that causes injury or damage.

Police Power

The capacity of states to regulate behavior and enforce order within their territory for the betterment of the health, safety, morals, and general welfare of their inhabitants.