Answer:
Products liability laws
Explanation:
These laws govern the responsibility/liability of any or all the parties that participate in the chain of manufacturing a certain product for the damage caused by that product. The parties involved and, therefore, liable are the manufacturer or producer, the wholesaler and the retailer. If a product has certain defects that have caused damage to the consumer, the abovementioned parties may be subject to products liability suits.
Products liability is usually considered a strict liability offense. If the plaintiff evidences that a certain product is defective, the defendant is liable. It is not taken into account whether the manufacturer or provider of the product had intention to cause damage or not, they shall be liable for the damage caused to the plaintiff.
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Answer:
It is sometimes called “cancellation” or “overturning”. The word rescission comes from the word “rescind” which means to cancel or annul. The purpose of contract rescission is to restore the parties to their original status before the contract was made (the “status quo ante”).
Explanation:
