BUS205: Business Law

Read this section. The law recognizes that some torts require holding persons liable for their acts even when they have exercised reasonable care. How could this be? Note the various situations in which persons are held to strict liability. Do you agree that these situations require a stricter level of accountability? For businesses that engage in the manufacture or sale of goods, product liability has emerged as an important area of business law; pay particular attention to this discussion. Complete the exercises at the end of the section.