Which term describes goods or products manufactured, sold, handled, distributed, or disposed of by you?

Which term describes goods or products manufactured, sold, handled, distributed, or disposed of by you?

• A. Products
• B. Occurrence
• C. Punitive Damages
• D. Property Damage

Answer: (A)

The concept here is identifying the label used for goods you manufacture, sell, handle, distribute, or dispose of. In general liability terminology, those items are described as your products. This term specifically covers the liability exposure that arises from the products you put into the market, after they leave your control. By contrast, an occurrence refers to the event that causes damage or injury, punitive damages are penalties awarded for particularly wrongful conduct, and property damage covers harm to tangible property itself. So the term that fits the description of the goods you’re dealing with is your products.

The concept here is identifying the label used for goods you manufacture, sell, handle, distribute, or dispose of. In general liability terminology, those items are described as your products. This term specifically covers the liability exposure that arises from the products you put into the market, after they leave your control. By contrast, an occurrence refers to the event that causes damage or injury, punitive damages are penalties awarded for particularly wrongful conduct, and property damage covers harm to tangible property itself. So the term that fits the description of the goods you’re dealing with is your products.