According to the due care theory of product liability Question 2 options: A company can be held liable for damages from defective products only when there is an understood agreement between the buyer and seller that is established by their behavior A company can be held liable for damages as long as the product is defective and dangerous A company can be held liable only when they fail to observe reasonable standards in the design and manufacture of products All of the above
According to the due care theory of product liability Question 2 options: A company can be held liable for damages from defective products only when there is an understood agreement between the buyer and seller that is established by their behavior A company can be held liable for damages as long as the product is defective and dangerous A company can be held liable only when they fail to observe reasonable standards in the design and manufacture of products All of the above
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter13: Antitrust And Regulation
Section: Chapter Questions
Problem 20SQ
Related questions
Question
According to the due care theory of product liability
Question 2 options:
|
A company can be held liable for damages from defective products only when there is an understood agreement between the buyer and seller that is established by their behavior |
|
A company can be held liable for damages as long as the product is defective and dangerous |
|
A company can be held liable only when they fail to observe reasonable standards in the design and manufacture of products |
|
All of the above |
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