If you made nondeductible (and therefore nontaxable) contributions to your traditional IRA, you have to treat each distribution (including a conversion to a Roth IRA, if applicable) as one part nontaxable return of cost basis (your nondeductible contributions) and one part taxable earnings.
Product defects are generally put into three categories: design defects, manufacturing defects and marketing defects. Marketing defects are defects in the manner in which a product is sold. This type of defect can include inadequate warnings and/or instructions. Design defects are in a manner of speaking, intended. This type of defect is inherent in the design of the product.
Latent defects are defects which existed at the time of acceptance but would not have been discovered by a reasonable inspection, Stewart Avionics, Inc., ASBCA 15512, 75-1 BCA p 11,253 (1975). In Herley Industries, Inc., ASBCA 13727, 71-1 BCA p 8888 (1971), the board set out the essential elements of latent defects at 41,309: