Product Liability (Ch. 12) Flashcards
Certification of a Class
Court’s agreement to allow one or more members of the class to serve as representative for the other members of the class
Class action
Suit in which representative members of a class sue on behalf of other members of the class
defective warning
defect arising out of a manufacturer’s failure to give adequate warning or directions for use - it is the warning that is defective rather than the product.
design defect
Defect arising out of a manufacturer’s use of an unreasonably dangerous design
Economic Loss
Diminution in the value of a product
Express Warranty
Express representation by a seller that a product possess certain qualities
Implied Warranty
Representations as to a product’s qualities that are implied by virtue of the product being offered for sale
Manufacturing defect
defect arising out of a deviation in the manufacturing process
Preempts
Prohibits a state tort law claim due to a federal enactment
Privity
Requirement that the P must contract directly with the D in order to recover for losses
Product Liability
The liability of a manufacturer, seller, or other supplier of a chattel which, because of a defect, causes injury to a consumer, user, or in some cases a bystander; liability can be based on any of 3 theories:
- negligence
- warranty
- strict liability
Statutes of Repose
Statutes of limitations in reference to sale of products (from the date of the original sale)
Unavoidably unsafe products
Products incapable of being made safe for their ordinary and intended use
Warranty of Fitness for a Particular Purpose
Implied warranty that goods are suitable to be used for a particular (non-customary) purpose
Warranty of Merchantability
Implied warranty that goods are fit for the ordinary purpose for which they are used.