Liability Law - Economic Analysis of Defective Products

Liability Law - Economic Analysis of Defective Products
ISBN-10
3640370686
ISBN-13
9783640370689
Pages
41
Language
English
Published
2009-07
Publisher
GRIN Verlag
Author
Veronka Fischer

Description

Examination Thesis from the year 2005 in the subject Law - Comparative Legal Systems, Comparative Law, grade: 1,3, University of Augsburg (Prof. Dr. Möllers), course: Seminar, language: English, abstract: Product liability is a field of law which all in all is eco-nomically efficient due to the modifications of the strict liability system, which grants the advantages of the original system, but alleviates some of its disadvantages. Therefore, it must be deemed as generally efficient, although sporadic deviations such as the proliferation of warning, the successful litigation of some plaintiffs despite own negligence and the enor-mous sums of damage granted will go on occurring.