Which of the following type of laws hold a firm and its officers responsible when a product causes injury, death, or damage?
A. Product equity
B. Product failure
C. Product liability
D. Product parity
E. Product testing
C
Product liability involves holding a firm and its officers responsible when a product causes injury, death, or damage. Both civil and criminal product liability laws exist.
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The highest value of total cost was $70,000 in June for Fargo Beverages, Inc Its lowest value of total cost was $52,000 in December
The company makes a single product. The production volume in June and December were 13,000 and 7,000 units, respectively. What is the variable cost per month? (Round your answer to the nearest cent.) A) $1.38 per unit B) $2.57 per unit C) $3.00 per unit D) $11.67 per unit
Poor response rates and the potential for interviewer bias are disadvantages of using mall intercept interviews to collect research data
Indicate whether the statement is true or false