PHI 2604 Homework Chapter 10

Thanks, Mary Ann!

1- Why is product safety important?
2- Explain the following terms:
a)“Due care”
b) “Caveat Emptor”
c) Strict Product Liability
3- What’s “legal paternalism”?
4- Go over the 6-point list stated as “Responsibilities of Business” on page 513.
5- As it pertain to product quality, go over the different warranties on page 516.
6- What’s “price fixing”?
7- Under “deception and unfairness in advertising, comment the following:
a) Ambiguity
b) Concealed facts
c) Exxageration
d) Psychological appeals