If a purchaser of all a corporation's assets continues the seller's product line, some courts impose upon the purchaser strict tort liability for defects in products previously manufactured by the seller corporation.

Question

Quizplus · Accepted Answer

This is because some courts apply the "product line" exception to the general rule against successor liability, holding the purchaser liable for defects in the seller's products if the purchaser continues the seller's product line.

If a Purchaser of All a Corporation's Assets Continues the Seller's