What is the “risk-benefit test”?

Related FAQs

What type of damages can a plaintiff recover in a product liability case?
Does a product’s age affect its liability status?
What is a “consumer expectation” test?
What liability do sellers have for products they provide?
How is a company’s financial responsibility determined in a product liability case?
What level of responsibility do manufacturers have for the safety of their products?
How is the price of a defective product determined?
Is a manufacturer responsible for product defects discovered after a sale?
What is a “failure to warn” claim?
What is the “risk-utility test”?

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