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The tightening of liability laws in the United States in recent decades has had positive and negative effects on those who make new products. “Strict liability” means that if a consumer is injured by a defective product, they can sue the manufacturer even if they bought it from a retailer. An implied warranty moves along [...]
Liability laws have tightened in many ways in recent years, and the sellers of computer products have tried various means of either trying to comply with them or trying to avoid them. Technology changes so quickly in the computer world that sometimes it’s hardly worth it, financially speaking, to repair faulty products. By the time [...]
The tension spirals back and forth in the marketplace, between the need of consumers to find products that function properly and are safe, and the need of manufacturers to create new products without crushing expenses from strict regulations and high insurance costs. Companies have to calculate all sorts of expensive risks into their production costs. [...]
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