Under a theory of market-share liability, a manufacturer sells "shares" of its potential strict liability and thereby spreads the risk and the cost.

Question

Under a theory of market-share liability, a manufacturer sells "shares" of its potential strict liability and thereby spreads the risk and the cost.​

Quizplus · Accepted Answer

Market-share liability is a legal doctrine that allows plaintiffs to sue multiple manufacturers of a harmful product when the specific source of harm is unknown, not a method for manufacturers to sell shares of liability.

Under a Theory of Market-Share Liability, a Manufacturer Sells "Shares