Introductory Business Law CLEP Prep Practice Exam

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Prepare for the Introductory Business Law CLEP Exam. Study with flashcards and multiple choice questions, each question comes with hints and explanations. Ace your exam with confidence!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

Products that are manufactured or sold in commerce that are defective or dangerous are regulated by what body of law?

Commercial Law
Product Liability Law
Legislative Law
Equity Law

The correct answer is: Product Liability Law

Product liability laws are specifically designed to regulate products that are manufactured or sold in commerce that are deemed defective or dangerous. These laws provide protection for consumers against companies or manufacturers who produce or sell unsafe products. The other options listed are incorrect because they do not pertain to this specific type of regulation. Commercial law primarily deals with the buying, selling, and distribution of goods and services, not specifically with product safety. Legislative law refers to the laws created by a legislative body, such as a government or parliament, and do not apply solely to products. Equity law involves resolving disputes between parties and does not address product safety. Therefore, product liability law is the correct answer for this question.