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Business LibreTexts

17.1: Chapter Introduction

  • Page ID
    22005
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    Learning Objectives

    After reading this chapter, you should understand the following:

    1. How products-liability law allocates the costs of a consumer society
    2. How warranty theory works in products liability, and what its limitations are
    3. How negligence theory works, and what its problems are
    4. How strict liability theory works, and what its limitations are
    5. What efforts are made to reform products-liability law, and why
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