Which of the Following Is Set Out in the Restatement

question 40

Multiple Choice

Which of the following is set out in the Restatement (Second) of Torts as a method by which to prove a design defect?

• A) The risk-utility test.
• B) The consumer expectations test.
• C) The feasible alternatives test.
• D) The design defect test.
• E) The consumer propensity test.

---

Definitions:

Brand Loyalty

The tendency of consumers to continuously purchase one brand's products over competing ones due to satisfaction, trust, and a positive experience with the brand.

Premium Price

Charging a higher price for goods or services, typically justified by the perceived higher quality or uniqueness.

Cost Leadership Strategy

A business approach aimed at becoming the lowest cost producer in an industry, allowing a firm to offer its products or services at the lowest price possible.

Wal-Mart

A multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores, known for its low prices.