How does a company determine if a product design is safe?

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What types of damages can be recovered in a product liability claim?
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What is the “risk-benefit test”?
Are manufacturers strictly liable for defective products?
What liability do sellers have for products they provide?
What is a “risk-benefit analysis”?
What is the economic loss doctrine?
What is a “manufacturing defect”?
What is the difference between negligence and strict liability?
Are products with “open and obvious” defects liable?

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