Strict liability theory argues that
A) The relationship between the manufacturer and a consumer is based on a contract
B) Addresses the fact that sellers and buyers may not have the same knowledge and expertise regarding products
C) The contract has both explicit and implied claims about the product
D) Buyers have responsibility of inspecting products before buying them
E) If a product injures a user because it was defective, the manufacturer is responsible to compensate the user
Correct Answer:
Verified
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Q19: There are several perspectives regarding if or
Q20: If a product injures a user because
Q21: This addresses the weaknesses of the buyer
Q23: In contract view, the explicit part of
Q24: In contract view, the contract implies certain
Q25: Why does pricing have many ethical issues?
Q26: Compare and contrast price gouging, predatory pricing,
Q27: What is promotion? What are some of
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