Examlex
A liability that is known to exist but the precise dollar amount is not known is called a possible liability.
Design Defect
A flaw or error in the design of a product that makes it dangerous or ineffective, potentially leading to consumer harm or product failure.
Product Liability
refers to the legal obligation of manufacturers, suppliers, or sellers to compensate for injuries or damages caused by defective or unsafe products.
Product Misuse
Using a product in a way not intended by the manufacturer, which can lead to damage or injury.
Product Liability
The area of law that holds manufacturers, distributors, suppliers, and retailers accountable for any injuries their products may cause.
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