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Let The Buyer Beware

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The standard of caveat emptor (let the buyer beware) is in the background to many discussions about product safety. With these thoughts in mind discuss the ethical manifestations associated with a contractual standard of product safety.

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The solution discusses the caveat of "let the buyer beware" and how it relates to product safety.

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The standard of caveat emptor (let the buyer beware) is in the background to many discussions about product safety. With these thoughts in mind discuss the ethical manifestations associated with a contractual standard of product safety.

The buyer must beware. The issues come with the country of manufacturing. Let's look at Mattel toys. Christmas 2007, the company lost billions in revenues because products manufactured in China, where lead based paint is legal, was sold in countries where lead based paint is illegal. The consumer assumes the product is safe and purchases it. "Another week, another recall of Chinese-made ...

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Jo Ann Prevetti, MBA, PhD (IP)
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  • Bachelor of Science in Paralegal Studies, Kaplan College
  • Business Diploma, Katharine Gibbs Business College for Women
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