Product Liability
A section of tort law that determines who may sue and who may be sued for damages when a defective product injures someone. No uniform federal laws guide manufacturer's liability, but under strict liability, the injured party can hold the manufacturer responsible for damages without the need to prove negligence or fault.
"Product Liability" In Context
"The city of Greeley, which operates the local farmers market, is requiring vendors to carry a minimum of $600,000 in general liability and product liability insurance — a decision that comes less than a year after cantaloupe grown at Jensen ..." This Insurance Word is available for Sponsorship Sponsor this Definition Today.