Which of the following statements regarding product liability is not true?
A) Strict liability is a "no fault" system.
B) One major problem with using negligence for product liability is that the plaintiff must
show some specific act of negligence.
C) Strict liability applies to both physical injury and property damage.
D) Failure to warn about a generally known danger usually will lead to liability.
D
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LLC can be held liable for loss/injury caused by its members, the members are usually not _________________________. Courts make exceptions on occasion.
Fill in the blank(s) with the appropriate word(s).
Teal Inc., a manufacturer of designer journals and notebooks, switched to using recycled paper to manufacture its products. It also changed the design such that the book covers and spiral cords used as spines were not made out of plastic. The changes made by Teal Inc., are an example of
A. philanthropic responsibility. B. legal responsibility. C. economic responsibility. D. corporate social responsibility. E. shareholder responsibility.