Which of the Following Statements Is True About Product Safety

Multiple Choice

Which of the following statements is true about product safety and liability laws?

A) There are no criminal product liability laws-only civil product liability laws exist.
B) Liability laws are typically most extensive in less developed nations.
C) A boom in product liability suits and awards in the United States resulted in a dramatic decrease in the cost of liability insurance.
D) Product liability can be much greater if a product does not conform to required safety standards.
E) If product safety laws are tougher in a firm's home country than in a host country,the ethical thing to do is to adhere to host-country standards.