law of products liability

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

• products 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.… …   Law dictionary

• liability — 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

• products 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… …   Big dictionary of business and management

• products — 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,… …   Law dictionary

• products 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 …   Law dictionary

• product 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

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

• Liability 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… …   Wikipedia

• successor 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

• comprehensive general liability insurance — n: liability insurance for a business that usu. covers losses from products liability, premises liability, and some liabilities that the insured assumes under a contract (as a lease) Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary