Product Liability Business & Marketing Essay Paper (Essay Sample)
Product liability in companiessource..
If the United States Companies had liability, they would not be legally exempt from tort liability. The consequences of such legislation to the consumers in the country are as follows. The policy will impose activities to shut down or close, leading to financial losses, per lawful settlements, and defamed reputation. The companies in the United States should be liable for misconduct due to their negligence of faulty goods and services—as per prior information. Incidences reported via the industry's standards of care reference the faulty products to harm and fatality to the consumers (Seaquist, 2012). Regardless of the nation’s brands on some of its commodities, all diversified goods should be properly labeled. Non-branded commodities are nearly indistinguishable by the average client.
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