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Can you be sued for money if your product is released for free?

Say I create a product that I release for free and take no profit in any way. If this product somehow violates the copyrights or trademarks of another company, is there risk of needing to pay for ...
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Copyright IP of own effort and the boundaries of “Capital asset” in IRS tax law, wrt. donations

In "Instructions for Form 8283"1, it says you can donate and deduct: Intellectual property. The FMV of intellectual property must be reduced to figure the amount of your deduction, as explained ...