Topic15_Asymmetric Info

3 laws to prevent opportunism product liability laws

Info icon This preview shows pages 17–26. Sign up to view the full content.

(3) Laws to prevent opportunism: Product liability laws protect consumers from non- functional or dangerous products. (4) Third party comparison : Some organizations publish expert comparison of brands which helps consumers to avoid lemons.
Image of page 17

Info icon This preview has intentionally blurred sections. Sign up to view the full version.