In 1995,Congress Passed a Law Affecting Products Liability Actions Relating

question 55

Essay

In 1995,Congress passed a law affecting products liability actions relating to single-engine airplanes.Among other provisions,this law sets an 18-year statute of repose.In 1996,Cessna resumed production of several models of single-engine airplanes which had been stopped several years earlier,in part because of products liability exposure.Is this law ethical? Was this needed legislation,or was this a special favor given to one industry that makes a product known to lead to death and injury? How does the fact that flight training schools were unable to replace the single-engine planes they were using for training with newer ones affect your analysis?

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Definitions:

Lost Card

A debit, credit, or any form of identification card that has been misplaced or stolen, potentially leading to unauthorized use if not reported.

Telemarketing Sales Rules of 1995

Regulations implemented to protect consumers from deceptive or abusive telemarketing practices, including various consumer rights and restrictions on telemarketers.

Sales Call

A communication, typically by phone or in person, initiated by a salesperson or entity to potential customers with the objective of selling a product or service.

Truth-in-Lending Act

A national regulation aiming to encourage knowledgeable utilization of consumer credit through mandatory disclosures regarding its conditions and expenses.