What is product liability


Problem 1: What is Product liability? And give 2 examples.

Problem 2: Please paraphrase: Our company has been in a contract with ABC Packaging Company, the supplier for our products' customized packaging, for a while. Recently, there is a breach of contract occurred between two companies: ABC should have delivered the packagings to JC Toys Inc last week, but it had failed to do that. JC has been waiting for these supplies since last month to fulfill another contract that it has with its customers. ABC called us today and let us know that it cannot fulfill the order due to some shortage of supplies. JC Toys has to order the packaging from another supplier with a much higher price. Despite doing all that, JC is still late in delivering the products and breaks the contract with the customer. This should be identified as a breach of condition due to its significant impact on JC Toys Inc. JC Toys Inc is in an urgent need of those packaging to fulfill another contract with its customer. A delay of the delivery of the packagings will lead to a delay in other JC Toys's operational activities, and another breach of contract that JC has with its customer.

Problem 3: What are the advantages of Special Damages and Aggravated Damages? provide 2 examples each.

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