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Negligence theory in products liability is most useful in two types of cases: defective design and defective warnings.

Product liability insurance isn't merely a product guarantee or warranty. It protects businesses from the fallout that occurs in the event that a product causes injury or other damage to third parties. Consumers can be harmed by how a product is manufactured, designed, marketed or misused.

Product liability is a doctrine that gives plaintiffs a cause of action if they encounter a defective consumer item. This doctrine can fall under negligence, but it is generally associated with strict liability, meaning that defendants can be held liable regardless of their intent or knowledge.

In Arkansas, the statute of limitations for premises liability lawsuits is three years from the date of the accident. That means that if you suffer a slip and fall injury at a retail store in Arkansas, you have three years to file your injury claim or the court may bar your claim.

Elements of a Product Liability Claim Existence of a Defect. Causation. Injuries or Damages. Reasonable Use of the Product. Strict Liability or Negligence. Breach of Warranty. Product Identification. Statute of Limitations.

The 50 percent rule states that if a plaintiff is found at least 50 percent liable in an accident, they will be barred from recovering damages for their injuries. However, this also means that a plaintiff can be liable for even 49 percent of an accident and still receive compensation for the accident.

A liability waiver form is a legal contract that educates one party about the risks associated with an activity. Once signed, it prevents the participant from opening a lawsuit against the company in the event of damage or loss, effectively shifting responsibility for injuries from the company to the customer.

Liability waivers must also comply with the state laws. Therefore, if a company prints off a general form that they found on the internet and it does not comply with the state laws in Arkansas, the court will likely throw it out.

The minimum requirement in Arkansas is a 25/50/25 insurance policy, which is the abbreviation for the following liability limits: $25,000 in bodily injury liability coverage per person. $50,000 in bodily injury liability coverage per accident. $25,000 in property damage liability coverage per accident.