Except as provided in section 3 of this chapter, a person who sells, leases, or otherwise puts into the stream of commerce any product in a defective condition unreasonably dangerous to any user or consumer or to the user's or consumer's property is subject to liability for physical harm caused by that product to the user or consumer or to the user's or consumer's property if: (1) that user or consumer is in the class of persons that the seller should reasonably foresee as being subject to the harm
"Seller", for purposes of IC 34-20, means a person engaged in the business of selling or leasing a product for resale, use, or consumption. IC 34-6-2-136 Pre-1998 Recodification Citation: 33-1-1.5-2(5). As added by P.L. 1-1998, SEC.1.
(a) "Physical harm", for purposes of IC 34-20, means bodily injury, death, loss of services, and rights arising from any such injuries, as well as sudden, major damage to property. (b) The term does not include gradually evolving damage to property or economic losses from such damage. IC 34-6-2-105 Pre-1998 Recodification Citation: 33-1-1.5-2(2). As added by P.L. 1-1998, SEC.1.