Product Liability
Product liability research papers are most often written for business law classes. Paper Masters will custom write research on any aspect of product liability you need. Topics our writers have discussed in the past include the following topics:
- Product liability and Economic Systems
- Market share and product liability budgeting
- Product liability law
- Product liability in light of competition
- Product liability litigation trends
Product liability research papers discuss the ethical and legal issues of producing a product for consumer distribution. The legal issues surrounding product liability are unique to a socioeconomic system of free enterprise such as the system found in the United States. Businesses are particularly susceptible to the claims of product liability because the assurance that the products used by consumers are safe is one of the underpinnings of a successful system of exchange. What makes this system work is that businesses can compete for market share with the consumers.
Competition and Consumer Satisfaction
Competition is fed by consumer satisfaction. Therefore, those companies who violate consumer satisfaction by producing dangerous or faulty products lose the game. The system encourages better quality and safer products. The winners are the consumers as well as the superior companies. Unfortunately our society has become obsessed with litigation with headline cases revealing that consumers are now looking for opportunities to file lawsuits. Case in point: woman is burned by hot coffee and wins lawsuit. Never mind that she didn't take responsibility for her role in the accident.
Products Liability Laws
Products liability laws are essential to our system of commerce and enhance public safety. The downside is that businesses become depersonalized in the process and consumers go after them on false allegations because they see a bottomless well of compensatory damages coming their way.