The Ethical Theory Based on the Concept of Duty That

question 19

Multiple Choice

The ethical theory based on the concept of duty that suggests that if a product causes harm, the firm should pay the costs of any injury is

• A) contractual theory.
• B) due care theory.
• C) social costs view.
• D) caveat vendor.

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Definitions:

Market Town

A town that traditionally holds markets, providing a trading venue for the people in the surrounding area.

Substantive Due Process

A constitutional principle that protects individuals from the government's infringement on fundamental constitutional liberties.

Kentucky State Statute

Laws enacted by the Kentucky state legislature that govern legal obligations and rights within the state of Kentucky.

Life, Liberty, Property

Fundamental rights believed to be inherent and protected by law, including the right to live, the right to freedom, and the right to own property.