Consumer Product Safety Commission

Federal Trade Commission The Federal Trade Commission was founded by Woodrow Wilson the twenty-eight president of the United States and it was established in September 26, 1914 in Washington D. C. The seal for the Federal Trade Commission was adopted in 1915 and designed by Tiffany and Company. The seal symbolizes many of the values and promote the agency mission. The winged flywheel represents progress and reflects the commitment to protect consumer interests in a world of involving technology

this one. Australian has about seven states and they all govern themselves thus they have their own laws that maybe different from other states. The Australian government, state and territory government legislation exists to protect businesses, consumers, individuals, the environment and the community. This enables a conducive environment for business to flourish as well as to promote fair-trading and competition. One would ask why should governments spend enough time putting place such regulations

Product Liability Research Paper Shericia Bonnett Professor Kapalko LEG 500 – Law and Ethics In the Business Environment 09/09/2012 Consumers use a variety of products on a daily basis to assist them in accomplishing a task or completing a project and they expect the product to be properly designed and safe to use. However, in the event that a product is defective and causes injury to the person using it, the manufacturer may be liable for the injury and have to compensate the injured

e-Activity, analyze the current state of the government regulation of product safety to determine whether the referenced agencies are generally proactive or reactive. Provide one (1) specific example of each agency to support your response. Government agencies such as the Food and Drug Administration (FDA), the Consumer Product Safety Commission (CPSC), and the National Highway Transportation Safety Agency (NHTSA) handles setting the safety standards. According to Halbert & Ingulli (2012) parties can allocate

Edward Lazear, an economist who graduated from Stanford, defines bait and switch advertising as when a “low priced good is advertised but replaced by a different good at the showroom.” (813) In other words, what is advertised is not the final product. Rather, the advertisement is used to draw in customers who then must settle for the next best thing – according to the company, of course. Additionally, he gives a second definition of bait and switch. This definition is the conditional opposite, though

Businesses could be held liable for negligent tort if their product injury, harms consumers or is falsely represented. Nonetheless, when the circumstances warrant, parties that are not guilty of negligence or an unintentional tort can still be subjected to compensations when their products injure customers (Seaquist, 2012) Recall Negligence is an unintentional tort wherein one party is injured result to some actions of another. There are certain factors that must be considered to determines whether

A recall is when a product gets to the consumer and something goes wrong. When that happens, the company calls the consumers who has that particular product and asked for a return whether they know about it or not. This builds up the tension from many customers who experienced that issue. Dell’s customers had a recall about lithium-ion batteries that were being dangerous to people and they had to get replacements. Similarly, Ford Pinto also had a recall. Yet, with both companies getting a recall

injuries or damages may occur when products malfunction, death may occur, or there could be damage done to ones property. The company could face possible lawsuits and in order to prove negligence, an individual must have had a duty of care, which is defined as having responsibility to act in the best interest of another. A company must always be ready to defend itself in all the possible issues that may arise and cause any form of lawsuit (WiseGeek, 2003). Recalled Product Even though businesses do not

Occupational health and safety is concerned with protecting the safety, health and welfare of people engaged in work or employment.The enjoyment of these standards at the highest levels is a basic human right that should be accessible by each and every worker. Regardless of the nature of their work, workers should be able to carry out their responsibilities in a safe and secure working environment, free from hazards As per regulations we are to provide • Providing and maintaining safe plant (such

collectively known as the Antitrust Laws. United States antitrust law is a collection of federal and state government laws, which regulates the conduct and organization of business corporations, generally to promote fair competition for the benefit of consumers. The main statute was the Sherman act of 1890, it is the basis for U.S. antitrust law, and many states have modeled their own statutes upon it. As weaknesses in the Sherman Act became evident, Congress added amendments to it at various times through