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Product liability is the liability of any party along the chain of manufacture of a product for damage caused by that product. Liable parties include a product's manufacturers as well as its suppliers. Products with defects that cause harm to a consumer of the product, or someone to whom the product was loaned or given, are the subjects of products liability suits. Liability claims are most often made for tangible personal party but can also include intangibles (gas), naturals (pets), real property (house/condo).
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Product Liability - Links
Three types of product defects incur liability in manufacturers and suppliers: design defects, manufacturing defects, and defects in marketing. Design defects are inherent and exist, as the name implies, in the design of the product, before the product is even manufactured. On the other hand, manufacturing defects occur during the construction or production of the item. Only a few out of many products of the same type are flawed in this case. Defects in marketing deal with improper instructions and failures to warn consumers of hidden dangers in the product.
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