Describe product liability and the tort upon which it is based.
Answer to relevant QuestionsExplain the legal reasoning behind the concept of strict liability and weigh its consequences for businesspeople and consumers. Indicate whether each of the following statements is true or false by writing T or F in the answer column. 1. Both breach of warranty and product liability lawsuits are based on tort law rather than contract law. ...Discuss the goals of NAFTA and the means it uses to achieve these goals. Indicate whether each of the following statements is true or false by writing T or F in the answer column. 1. The United States lacks the abundance of natural resources that many other countries have. 1. ...List the most common of the numerous forms of medical insurance available to individuals and employers.
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