Which of the Following Statements Is True About Product Safety

question 25

Multiple Choice

Which of the following statements is true about product safety and liability laws?

• A)There are no criminal product liability laws-only civil product liability laws exist.
• B)Liability laws are typically most extensive in less developed nations.
• C)A boom in product liability suits and awards in the United States resulted in a dramatic decrease in the cost of liability insurance.
• D)Product liability can be much greater if a product does not conform to required safety standards.
• E)If product safety laws are tougher in a firm's home country than in a host country,the ethical thing to do is to adhere to host-country standards.

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Definitions:

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Piaget

A reference to Jean Piaget, a Swiss psychologist known for his work in developmental psychology and his theory of cognitive development in children.

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The process of teaching a young child to control their bladder and bowel movements and use the toilet for elimination.

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A sequence of eight stages proposed by Erik Erikson, each characterized by a specific challenge or crisis that contributes to a person's psychological and social development.