Product Advertising and Liability

Product Advertising and Liability - What is required for a...

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Product Advertising and Liability Product liability is a combination of contract law, tort law, and social responsibility. How did product liability law develop? Courts followed the principle of caveat emptor—“Let the buyer beware. What are the contract theories for recovery? The seller need not use the words promise or guarantee to make an express warranty.
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Unformatted text preview: What is required for a tort- based recovery on a defective product? How does advertising create liability for a business? What is strict tort liability for products? What reforms are proposed for cutting back liability? Are international product liability standards different?...
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This note was uploaded on 10/28/2011 for the course BUSINESS ACCT 305 taught by Professor Poletti during the Spring '09 term at DeVry Columbus North.

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