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How is consumer safety connected with product liability?
The term product liability basically means that companies who make products available for to the public are responsible if they in any way harm or cause injuries. So, product liability takes into account the consumer safety of it's product.
What do companies do to ensure product liability?
"They try to avoid being liable for damages inccured for their products, often that is why companies have LLC or Limited Liability Company on the end of their name/title"
What companies have sweatshops?
none, the sweatshops are all owned by local operators and not by the actual product seller because of liability reasons
What type of attorney typically handle product liability claims?
The type of attorney that handles product liability claims is acatually a product liability attorney!
What is the difference between negligence and strict liability in terms of legal responsibility for harm caused by a product?
Negligence holds individuals or companies responsible for harm caused by a product if they fail to exercise reasonable care in its design, manufacture, or warning. Strict liability, on the other hand, holds individuals or companies responsible for harm caused by a product regardless of fault or intent, simply because they put the product into the stream of commerce.
When should the liability assocated with a product warranty be recorded?
The liability associated with a product warranty should be recorded when the product is sold, as this is when the obligation to honor the warranty arises. At this point, companies must estimate the expected costs of fulfilling the warranty obligations based on historical data and experience. This liability is recognized as a provision in the financial statements, reflecting the future outflow of resources expected to settle the warranty claims.
What type of attorneys handle product liability questions?
Personal injury attorneys specialize in the area of product liability. They are the appropriate type of attorney to contact with any questions related to product liability.
What are the laws in the Philippines about product liability?
The laws in the Philippines about product liability is strict and has liabilities that can be both criminal and civil.
What is the attorneys product liability?
Attorney product liability is any attorney who can help in a case where a consumer has been injured or harmed otherwise by a defective product.
Do catering companies have to be insured for liability purposes?
Catering companies should cary liability insurance for their operations. This will protect them in the event of a lawsuit.
What are the names of some companies that offer professional liability insurance?
There are many companies that offer liability insurance. Some companies are State Farm and All State. You can get quotes for all of these companies online.
What is product liability?
"Product liability is a specific type of law. What it says is that basically, a product's maker or supplier has to be held accountable for any injuries that the specific product may cause."
