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LSDefine

Simple English definitions for legal terms

risk-benefit test

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A quick definition of risk-benefit test:

A risk-benefit test is a way to determine if a product is safe for people to use. It looks at the benefits of a product's design compared to how dangerous it is. If the risks outweigh the benefits, the manufacturer can be held responsible for any harm caused by the product. This test helps ensure that products are safe for people to use.

A more thorough explanation:

The risk-benefit test is a method used to determine product liability on a manufacturer. It is also known as the risk-utility test. This test is used when evidence shows that a reasonable person would conclude that the benefits of a product's particular design versus the feasibility of an alternative safer design did not outweigh the dangers inherent in the original design.

For example, if a car manufacturer designs a car with a faulty brake system that causes accidents, the risk-benefit test would be used to determine if the benefits of the design outweighed the dangers. If it is found that the benefits did not outweigh the dangers, the manufacturer would be held liable for any damages caused by the faulty brake system.

Another example would be a pharmaceutical company that produces a drug with harmful side effects. The risk-benefit test would be used to determine if the benefits of the drug outweighed the risks. If it is found that the risks outweighed the benefits, the company would be held liable for any damages caused by the drug.

risk-averse | risk capital

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texaslawhopefully
18:38
For like HLS at least, if you wait till J6 then you may already have a decision
TGM
18:39
@texaslawhopefully: alas, haven’t even gotten an interview (applied around thanksgiving)
18:39
Yeah I would delay as long as you have plausible deniability
TGM
18:40
I actually do have a transcript issue that registrar needs to resolve, should I say that
TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
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