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Product liability refers to the legal responsibility of manufacturers, distributors and sellers for any harm caused by their products. This could include defective design, manufacturing defects or inadequate warning labels. When a product is found to be defective, the company responsible can be held liable for any damages caused to individuals or property. This means that if a product harms someone, the company selling it can be sued for compensation. Product liability laws are in place to protect consumers and ensure that companies are held responsible for any harm caused by their products.
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