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The legal theory of strict product liability, which has not been without controversy. Some States do not recognize this theory. Consumer advocates would argue that strict product liability is necessary to protect the small consumer from big business; while pro-business interests counter that the strict product liability shifts the burden of proof to business to show that the product was not defective and raises the cost of doing business, which is passed along to the consumer. What do you see as valid public policy reasons for applying and for not applying a theory of strict product liability? Do you agree with these reasons? Should strict product liability be applied only in consumer product situations? Why or why not?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M91251697

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