Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Identify the statements in which John McCall argues that strict liability is no more unfair than it would be to hold injured consumers accountable. A.

Identify the statements in which John McCall argues that strict liability is no more unfair than it would be to hold injured consumers accountable.


A. The consumer who is injured by a product is unfairly disadvantaged in the economic competition and is denied an equal opportunity to compete in the marketplace.


B. By holding the manufacturer liable, the costs are passed on, ordinarily through increased liability insurance costs, to those who stand to benefit from the product.


A and C.


C. Assigning the costs for injuries caused by defective products to other consumers of the product and to the shareholders of the company is more appropriate than assigning the costs to the injured consumer or to society at large.


B and D.


D. Compensation returns the parties to equal standing, and the economic competition can continue as a result.


Step by Step Solution

3.49 Rating (149 Votes )

There are 3 Steps involved in it

Step: 1

The detailed answer for the above question is provided b... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Smith and Roberson Business Law

Authors: Richard A. Mann, Barry S. Roberts

15th Edition

1285141903, 1285141903, 9781285141909, 978-0538473637

More Books

Students also viewed these General Management questions

Question

Calculate the number of neutrons of 239Pu.

Answered: 1 week ago