Product liability damages are usually punitive.

True

False

Historically,product liability has been considered ______________, where the manufacturer, wholesaler, and retailer of a faulty product are automatically liable for putting an unreasonably dangerous product in the marketplace.

Seller liability

Extreme liability

Strict liability

Unnecessary

Which of the followingrefersto a guarantee from a manufacturer,wholesaler, or retailer to a buyer that the product will perform according to identifiedstandards for aspecified period of time?

Warranty

Contract

Instructions

Waiver