Question

For a period of at least ____________ from the Ship Date, Seller, at its own expense, shall maintain in effect product liability insurance. Fill in the blank with the appropriate time period.

Answer 1

The appropriate time period for maintaining product liability insurance depends on various factors such as the nature of the product, potential risks and hazards, and legal requirements.

Step-by-step explanation:

For a period of at least [insert appropriate time period] from the Ship Date, Seller, at its own expense, shall maintain in effect product liability insurance.

When determining the appropriate time period for maintaining product liability insurance, it is important to consider factors such as the nature of the product, the potential risks and hazards associated with it, and any legal requirements. Examples of time periods commonly seen in product liability insurance policies include one year, three years, or as long as the product is in use or sold in the market.