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Product Liability - Free Essay Examples and Topic Ideas

Product liability refers to the legal responsibility of manufacturers, distributors and sellers for any harm caused by their products. This could include defective design, manufacturing defects or inadequate warning labels. When a product is found to be defective, the company responsible can be held liable for any damages caused to individuals or property. This means that if a product harms someone, the company selling it can be sued for compensation. Product liability laws are in place to protect consumers and ensure that companies are held responsible for any harm caused by their products.

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  1. 1
    Understanding the Cost of Business Structure for International Transactions
    Words • 873
    Pages • 4

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    Paper Type:800 Word Essay Examples
    Cost of Structure- The establishment of a certain business entity especially one that is made to face international transactions should and must be based on the financial capabilities of the owner. This particularly pertains to the available capital that is supposed to be the basis of how large or how small the scale of the business would be. As for the network examined herein, it could be noted that the administrative structure down towards the regular members of the business…
    BusinessEntrepreneurshipProduct Liability
  2. 2
    Product Liability
    Words • 870
    Pages • 4

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    Paper Type:800 Word Essay Examples
    Introduction In an ever more litigious society, it is not unusual for cases involving product liability to considerably increase throughout the past two decades. In today’s world, product liability is an exceptionally bona fide business risk. Companies, even those with excellent product safety procedures and policies, cannot afford to seriously disregard the possibility of product liability. Product liability is all-encompassing, putting numerous diverse types of businesses at risk. Product liability holds distributors, manufacturers, retailers, suppliers, and others who make products…
    Business LawJusticeProduct Liability
  3. 3
    Repackaging An Existing Product
    Words • 737
    Pages • 3

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    Paper Type:700 Word Essay Examples
    Introduction Organizational behavior has to do with how organization executes its activities and responds to the stimulus from the environment it operates. Each organization has its peculiar way of behaving. Organizational behavior and corporate culture goes hand in hand. In addition, they are not static. The environment in which organization operates is very dynamic. The different environmental segments tend to influence how an organization modifies its behavior in meeting with the vicissitudes of the industrial trends. Few Absolute in Organizational…
    BehaviorBusinessBusiness ManagementOrganizational StructureProduct Liability
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  4. 4
    Honeywell Company
    Words • 1254
    Pages • 5

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    Paper Type:1200 Word Essay Examples
    Honeywell is a Multibillion dollar company, operating in 95 countries and is a pioneer in the field of control system and industrial appliances. With revenue over $7. 3 Billion and income above $400 Million (December 1996), the company was exposed to several types of risk as it operated in a global territory. Previously, the company had a much compartmentalised approach to risk management, with individual departments managing individual risks pertaining to them. For instance, currency risks were hedged using futures…
    BusinessBusiness LawCompanyFinanceInsuranceProduct Liability
  5. 5
    Effect of Bad Quality of Product
    Words • 646
    Pages • 3

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    Paper Type:Cause And Effect Essay
    These are certain costs which are associated with product and services quality. To prevent from the poor quality and after having bad quality in a product or services organization incurred some cost. An estimated loss that a company can bear on defective or unsatisfactory products is 20 to 30 percent of gross sale. There are four types of cost of quality: Prevention costs Appraisal costs Cost of internal defects Cost of external defects Prevention costs are related to prevention of…
    BusinessPersonal QualitiesProduct Liability
  6. 6
    Quality of Service in Hospital
    Words • 1285
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    Paper Type:1200 Word Essay Examples
    Why is it important to get the patient’s assessment of health care quality? Does the patient have the expertise to judge the health care he or she receives? The patient is the customer. If the patient “perceives” that the health care received is inadequate, then he or she may go elsewhere the next time these services are needed. Although patients may not have the expertise to judge some aspects of 2 health care, they can judge appearances of competence, improvements…
    Personal QualitiesProduct LiabilityService
  7. 7
    Strict liability in product liability
    Words • 1875
    Pages • 7

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    Paper Type:2000 Word Essay Examples
    The “product liability” defined as the liability of manufacturer, during the chain of distribution, for personal injury, economic loss or property damage caused by sale or use of the product. Here the term ‘product’ denotes the finished goods as well as those items which may have some impact on the consumer expectations, product safety etc. In order to brought the action under strict liability the plaintiff must prove that injury occurred by  28. ibid 3, 24 29. R Vs Lemon…
    Product Liability
  8. 8
    Investigating Potential Scheduling Issues: An Assistants Responsibility
    Words • 1265
    Pages • 5

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    Paper Type:1200 Word Essay Examples
    Question 1: Assume that you are Frank Johnson’s assistant, and he asks you to look into various scheduling problems that might occur. List and discuss them. Scheduling Problems: - Lead time: First of all; Starting date of this partnership wasn't mentioned; however; assume we are in month of June; According to the proposal the promotion will start by October 5th so prior to this date they should be ready with Soap and dishes taking into consideration that delivery time of…
    InventoryProduct LiabilitySoap
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