seller's liability

  • 1liability — li·a·bil·i·ty /ˌlī ə bi lə tē/ n pl ties 1: the quality or state of being liable 2: something for which one is liable: as a: a financial obligation: debt tax liability the bonds …

    Law dictionary

  • 2seller — One who sells property of his own. The vendor in a land contract or the party to a contract of sale of personal property who is making a sale of his property. Inclusive in the broader sense of the term of one who makes a sale for another, such as …

    Ballentine's law dictionary

  • 3Product liability — is the area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those products cause. Product liability in the United StatesIn the United… …

    Wikipedia

  • 4strict liability — Liability without fault. Goodwin v. Reilley, 1 Dist., 176 Cal.App.3d 86, 221 Cal.Rptr. 374, 376. A concept applied by the courts in product liability cases in which seller is liable for any and all defective or hazardous products which unduly… …

    Black's law dictionary

  • 5product liability — liability in tort or delict in respect of produce. Essentially an application of the law of tort although the term can be used to cover liability under sale and supply of goods. Although there is now a Europe wide regime of strict liability, the… …

    Law dictionary

  • 6joint and several liability — see liability 2b Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. joint and several liability …

    Law dictionary

  • 7several liability — see liability 2b Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. several liability …

    Law dictionary

  • 8successor liability — USA A state law doctrine that allows a creditor to seek recovery from the purchaser of assets for liabilities that were not assumed as part of an acquisition. Products liability, environmental clean up and employment law are areas where the… …

    Law dictionary

  • 9product liability —    The responsibility of manufacturers, distributors and sellers of products to the public to ensure that these products are free of defects that can cause harm, and to fulfill that responsibility either by replacing defective products or by… …

    Business law dictionary

  • 10manufacturer's liability — ▪ law       legal concept or doctrine that holds manufacturers or sellers responsible, or liable, for harm caused by defective products sold in the marketplace. Manufacturer s liability is usually determined on any of three bases: (1) negligence …

    Universalium