Warranties and Product Liability Flashcards

1
Q

Strict liability

A

Prohibits defective products

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2
Q

Warranty of fitness

A

Seller knows how purchaser intends to use product and implies that’s fine

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3
Q

Privity

A

When two parties contract

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4
Q

Statute of repose

A

Prohibits lawsuits on products sold over 10 years ago

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