Which type of liability applies to product manufacturers and sellers for defective products?

The correct answer is strict liability, which applies to product manufacturers and sellers for defective products irrespective of negligence or intent. Under strict liability, the focus is on the condition of the product and whether it is defective, rather than the conduct of the seller or manufacturer. This legal principle holds businesses accountable for any harm caused by their products, promoting the idea that manufacturers and sellers have a responsibility to ensure their products are safe for consumers.

This approach is particularly important in product liability cases, where the potential risks associated with a product can pose significant hazards to consumers. By imposing strict liability, the law encourages manufacturers to maintain high safety standards and conduct thorough testing of their products before bringing them to market.