PRODUCTS-LIABILITY ACTION

products-liability action.A lawsuit brought against a manufacturer, seller, or lessor of a product — regardless of the substantive legal theory or theories upon which the lawsuit is brought — for personal injury, death, or property damage caused by the manufacture, construction, design, formulation, installation, preparation, or assembly of a product. — Also termed product-liability action.…

Read More

PRODUCTS LIABILITY

products liability,n.1. A manufacturer’s or seller’s tort liability for any damages or injuries suffered by a buyer, user, or bystander as a result of a defective product. • Products liability can be based on a theory of negligence, strict liability, or breach of warranty. [Cases: Products Liability 1. C.J.S. Products Liability §§ 2–3.] 2. The…

Read More

PRODUCT-LINE EXCEPTION

product-line exception.An exception from the usual rule that a successor corporation is not liable for the acts of its predecessor, arising when the successor acquired all the predecessor’s assets, held itself out as a continuation of the predecessor by producing the same product line under the same or a similar name, and benefited from the…

Read More

PRODUCTIO SECTAE

productio sectae (pr<<schwa>>-d<<schwa>>k-shee-oh sek-tee). [Latin] See PRODUCTION OF SUIT. [Blacks Law 8th]

Read More