Which of the following is true in regards to Scandinavian countries in light of product liability insurance?
A) Manufacturers, producers, and importers of similar products form cooperative groups and obtain an insurance policy.
B) Product liability insurance is paid for by their respective country's governments.
C) Only importers are allowed to have product liability insurance.
D) manufacturers must cover importers' liability premiums.
E) Producers and importers must pay at least half of the manufacturers' costs for product liability premiums.

Question

Quizplus · Accepted Answer

In Scandinavian countries, it's common for manufacturers, producers, and importers of similar products to form cooperative groups to obtain an insurance policy. This collaborative approach helps distribute the risk and potentially lower the cost of product liability insurance for each member of the group.

Which of the Following Is True in Regards to Scandinavian