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February 24, 2021
provides us with the tools models and concepts to better understand individual choices in the marketplace and how resource allocation is determined at the micro level.
February 24, 2021

Week 3 Learning Activities

Use the course material using in-text citations and a reference list to cite the source(s) used.

https://saylordotorg.github.io/text_law-for-entrep…

Assignment:

BCA has scheduled another meeting with the PI owners to further discuss the risks and liabilities of tort law. This meeting will focus on product liability.

Pat and Gale asked you to participate in the PI meeting and to be prepared to discuss specific product liability risks related to PI’s use and resale of Naturals products. To prepare, research product liability law, product liability claims, and parties who can be sued in product liability cases.

Write a summary to the following questions to use as a basis for discussion in the PI meeting with BCA and to help educate PI owners about potential risks and liabilities under product liability law.

Label answer parts.

A. How and why could PI face risks under product liability for reselling Naturals paint products to clients for whom PI is completing a residential painting job?

B. How and why could PI face risks under product liability for reselling Naturals paint products over the internet?

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