Which statement best describes the product liability litigation process and the parties involved?
A) Product liability litigation is the process of a business (offendant) filing a lawsuit against a firm (defendant) to be compensated for harm resulting from defective products.
B) Product liability litigation is the process of a consumer (offendant) filing a lawsuit against a firm (defendant) to be compensated for harm resulting from defective products.
C) Product liability litigation is the process of a consumer (plaintiff) filing a lawsuit against a firm (defendant) to be compensated for harm resulting from defective products or business actions.
D) Product liability litigation is the process of a consumer (plaintiff) filing a lawsuit against a firm (defendant) to be compensated for harm resulting from defective products but not from business actions.
E) Product liability litigation is the process of a consumer (plaintiff) filing a lawsuit against a firm (defendant) through the federal court system to be compensated for harm resulting from defective products.

Question

Quizplus · Accepted Answer

Product liability litigation refers to the legal process in which a consumer (plaintiff) files a lawsuit against a firm (defendant) seeking compensation for injuries or damage resulting from a defective product or a business action. This process involves gathering evidence, filing a complaint, discovery, settlement negotiations, and trial. The parties involved include the plaintiff, defendant, their respective legal counsel, and potentially expert witnesses and jurors. The litigation can take place in state or federal court systems depending on the circumstances.

Which Statement Best Describes the Product Liability Litigation Process and the Parties