Amex Toy Makers, Inc. markets toys they know pose a possible serious hazard to children under certain circumstances. Does Amex have an ethical duty to remove the toys from the market, even if the injuries only occur in a limited number and only when misused?   Why or why not? Explain your answr.r.

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter20: The Problem Of Adverse Selection Moral Hazard
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Amex Toy Makers, Inc. markets toys they know pose a possible serious hazard to children under certain circumstances. Does Amex have an ethical duty to remove the toys from the market, even if the injuries only occur in a limited number and only when misused?

 

Why or why not? Explain your answr.r.

 

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