product liability


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Related to product liability: Workplace violence, Uniform Commercial Code

product liability

n
(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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References in periodicals archive ?
Activities and product liability insurance services.
Matthew Hogg, an underwriter at Lloyd's underwriter Kiln plc, said that a typical product liability incident could be caused by the use of incorrect ingredients.
Successful product liability suits could put gun makers out of business by draining their financial resources through constantly defending themselves in court.
Paul Llewellyn will run the international law firm's UK-wide product liability practice from the Midlands office, and plans to carve a much bigger share of the market.
The study analyzed three product liability categories including industrial, construction, commercial, and farm product liability; transportation product liability; and consumer and medical product liability.
Mealey said that Automotive Product Liability is written to cover all aspects of the legal field, including such areas as crashworthiness litigation, tire separation defect cases, settlement negotiations, insurance-related matters and claims involving air bag deployment.
The United States imposes liability on a manufacturer or company even if the company has shown care," says Sara Schotland, a product liability lawyer in Washington, D.
Members of the group had aggregate product liability losses that were less than the entity's consolidated net operating loss.
Product liability expenses continue to grow, and this drain on manufacturers' funds adversely affects our economy and places many industries at a competitive disadvantage.
Professor Viscusi implicitly assumes that product liability policy should aim only to promote economic efficiency.
Product liability - If a private company manufactures or distributes a product that's not Y2K-compliant and it fails to function properly, product liability is possible.
The workshop will be lead by Craig McCoy, who heads the product liability team at Black & Decker.

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