What are the laws and regulations regarding product liability and warranties?

Product liability and warranties are important topics when it comes to small business law in Minnesota. Product liability is the legal responsibility of the manufacturer, seller, or supplier of goods when their products are deemed unsafe or cause harm to a consumer. This responsibility can include a manufacturer’s failure to warn a consumer about the potential dangers of its products. When it comes to warranties, Minnesota law requires that the seller of a product provide clear and detailed information about the product’s warranty coverage. This includes information such as the length of the warranty, which items are covered, and who is providing the warranty. Minnesota law also requires that all warranties be in writing and in a language that the buyer can understand. In order for a warranty to be legally binding in Minnesota, it must include certain important provisions such as the name and address of the warrantor, the terms and conditions of the warranty, and a statement of the remedies available if the warranty is breached. A buyer can also expect the warranty to cover any implied warranties, such as warranties of merchantability, fitness for a particular purpose, and title. To protect themselves, small businesses should be sure to consult with an attorney about their product liability and warranty rights and obligations. This will help ensure that their interests are protected and that they are in compliance with Minnesota law.

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