law of products liability
1products liability — see liability 2b Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. products liability …
2products liability insurance — Insurance that gives protection against legal liability for injury to third parties or damage to their property, arising out of products supplied by the business. Practical Law Dictionary. Glossary of UK, US and international legal terms.… …
3liability — 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 …
4products liability — The liability of manufacturers and other persons for defective products. Under the Consumer Protection Act (1987), passed to conform with the requirements of EU law, the producer of a defective product that causes death or personal injury or… …
5products — I noun articles of commerce, assets, chattels, commodities, consumer durable, durables, effects, goods, holdings, items, line of goods, manufactured goods, merchandise, produce, produced materials, resources, staples, stock in trade, supplies,… …
6products guarantee insurance — Insurance that gives protection against legal liability arising from the product failing to perform its intended function. Liability may be for the cost of making the product good and consequential losses. Practical Law Dictionary. Glossary of UK …
7product 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… …
8strict liability — see liability 2b Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. strict liability …
9Liability for Defective Products Act 1991 — The Liability for Defective Products Act 1991 is an Act of the Oireachtas that augmented Irish law on product liability formerly based solely on negligence. It introduced a strict liability regime for defective products, implementing Council of… …
10successor 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… …
