Software Product Liability Claims Are Typically Based on Strict Liability

question 35

Short Answer

Software product liability claims are typically based on strict liability, negligence, breach of warranty, or ____________________-sometimes in combination with one another.

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Definitions:

Marginal Social Cost

The total cost society bears for the production of an additional unit of a good or service, including both external and private costs.

Coal Mine Pollution

Environmental contamination resulting from the operation of coal mines, including air and water pollution.

Marginal Social Cost

The total cost society bears for the production of an additional unit of a good, including both private costs and any external costs.

Production Process

A series of steps that involves the transformation of raw materials into finished products.