Update lib documentation

**Problem**
When working with components, the error messages could be more descriptive.

**Suggestion**
Improve error handling and add detailed error messages.

**Context**
This would help with debugging and maintenance.

The issue only points to lib documentation and does not name a file, test, or entry point. Start by locating the component error-handling code and its related documentation; done means the relevant errors are more descriptive and the library documentation reflects the updated behavior.

Written by the indexing model from the issue text.