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Product Liability Law: Assumption of Risk

Question 1 of 15

In the context of product liability law, what is assumption of risk?

  1. A defense that a defendant can assert when the plaintiff voluntarily and knowingly assumes the risk of using a product.
  2. A principle that holds manufacturers liable for any injuries caused by their products, regardless of whether the plaintiff was aware of the risk.
  3. A legal doctrine that allows a plaintiff to recover damages from a manufacturer even if the plaintiff was aware of the risk of using the product.
  4. A defense that a defendant can assert when the plaintiff was contributorily negligent in using the product.

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000