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Product Liability: Law and Insurance

Page 87 3 PRODUCT LIABILITY IN THE COMMERCIAL CONTEXT 3.1 As well as witnessing the evolution of law relating to consumer rights, the last 30 years have also seen significant developments in the law relating to the commercial supply of products. This chapter sets out the manner in which liability for a defective product is allocated among those involved in the business supply chain, and suggests some ways in which the risks associated with defective products can be managed effectively and transferred between the parties in the business chain. 1

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