If the Use of a Product Carries an Obvious Risk,the

question 60

True/False

If the use of a product carries an obvious risk,the manufacturer will not be held liable for injuries that result from ignoring the risk.

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Definitions:

Acquisition

The act of gaining ownership of a different corporation or business entity by either buying it or combining with it.

Credit Balance

A situation in an account where the total credits exceed the total debits, indicating the amount owed to the account holder or client.

Contingency Payment

A payment that is made only if certain specified conditions are met or certain outcomes occur.

Consolidated Land

Land owned by a parent company or a group of companies controlled by a single entity, combined for financial reporting purposes.