Which of the following statements is FALSE about product liability suits brought in strict liability?
Most courts will award damages in strict liability only for personal or property loss, not for economic loss. |
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The statute of limitations is longer for suits in strict liability than for lawsuits based on breach of warranty. |
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Under Restatement (Third) of Torts, plaintiffs in strict liability cases need only prove the existence of a manufacturing defect, not that the defect was unreasonably dangerous. |
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Claims filed in strict liability do not have the same notice requirements as claims based on breach of warranty. |
Claims filed in strict liability do not have the same notice requirements as claims based on breach of warranty is false.
The reason behind is that both strict liability and breach of warranty are the most common claim associated with product liability and they both have the same notice requirements. Strict liability is associated with the manufacturing defects and breach of warranty is related to the express and implied warranty. In both the cases claims filed must have the same noticwe requirements.
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