The grounds for a products liability claim are:

A) Negligent design.
B) Defects in the manufacturing process.
C) Breach of the duty to warn
D) Both A and C
E) All of the above

E

Business

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Which of the following is not a basic assumption of the gross profit method?

a. The beginning inventory plus the purchases equal total goods to be accounted for. b. Goods not sold must be on hand. c. If the sales, reduced to the cost basis, are deducted from the sum of the opening inventory plus purchases, the result is the amount of inventory on hand. d. The total amount of purchases and the total amount of sales remain relatively unchanged from the comparable previous period.

Business

The impact of country of origin is independent of the type of product

Indicate whether the statement is true or false

Business