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This section applies to all actions in law or equity, whenever filed or accrued, in which a claimant alleges that the manufacturer, distributor, seller, or promoter of a product is liable for an injury or harm to a person or property, including actions based on allegations that the design, manufacture, distribution, ...

Section 2(34) defines product liability as the responsibility of a product manufacturer, service provider or seller of goods or services to compensate a consumer for any harm or injury caused by a defective product or deficient service.

Assumption of Risk When a manufacturer makes such a defense, it is arguing that the customers knew that the way they used the product might be unsafe and lead to injury. If the customers knew that their particular use of the product would lead to injury, then they cannot make a valid product liability claim.

Under the legal theory of strict liability, a person is held liable, or financially responsible, for actions that result in injuries to others, even if he or she was not acting in a negligent manner. For example, Wisconsin's dog bite statute is a strict liability statute.

Product liability refers to the legal liability of manufacturers or sellers to compensate buyers, users and even bystanders for damages or injuries suffered because of defects in goods purchased.

7 years after substantial completion. Exceptions: If damages sustained during period beginning on the first day of the 5th year and ending on the last day of the 7th year after substantial completion, the time is extended for three years after the date the damages occurred.