So You Think You Know The Law…Answers to Summer Edition

August 2013

A manufacturer of a product is liable for all damages resulting from the product’s failure to perform as warranted. True or False? False. The economic loss rule dictates that such damages as lost profits resulting from the failure of a product are not compensable. Return to Newsletter.

Please Note: This article is necessarily general in nature and is not a substitute for legal advice with respect to any particular case. Readers should consult with an attorney before taking any action affecting their interests.