Identify and Explain the Four Rights of Consumers

question 52

Essay

Identify and explain the four rights of consumers.How did these rights originate? What can business firms do to deal with these rights?

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Definitions:

Strict Liability

A legal doctrine that holds individuals or entities liable for damages and harm caused by their actions, regardless of fault or intention.

Comment (m)

Written or spoken remarks expressing an opinion or reaction to something.

Section 402A

Refers to a specific provision within the Restatement (Second) of Torts that deals with the liability of manufacturers and sellers for harm caused by defective products.

Fitness for a Particular Purpose

A warranty that a product will meet the specific needs or criteria outlined by the buyer at the time of purchase.