To Succeed in a Strict Product Liability Suit Alleging a Design

question 8

True/False

To succeed in a strict product liability suit alleging a design defect,a plaintiff must show that there is a reasonable alternative design.

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Definitions:

Unsecured Debts

Debts that are not backed by an underlying asset, meaning lenders have no collateral to claim in case of default.

Maturities

The set dates when the principal amount of a debt instrument, such as a bond or loan, is to be paid back to the lender.

Unfunded Liabilities

Future retirement benefits and other obligations not covered by assets or financial reserves, often discussed in the context of pension plans.

Notes

Short-term or medium-term debt obligations issued by companies or governments.