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product liability
(redirected from Theories of Liability)

    Also found in: Legal, Encyclopedia, Wikipedia 0.03 sec.
product liability
n
(Business / Commerce) the liability to the public of a manufacturer or trader for selling a faulty product
Translations
product liability
n (Jur) → Produkthaftung f
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The pleadings set limits on the theories of liability that may be asserted at trial, and the theories of defense which may be used.
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It includes analysis of all aspects of qui tam litigation including evaluating the merits of a potential action, determining whether the relator would be barred or restricted from any recovery for retaliation, determining whether there is a public disclosure, locating a favorable judiciary and an aggressive prosecutor, preventing and responding to litigation, evolving theories of liability, parallel criminal actions, and policy issues regarding damages and the threshold for prosecution.
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