Contractual theory and the strict liability theory

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Based on the text's discussion, and your own organization work and practical experience, what do you think about the arguments on product safety re: the "due care theory," the "contractual theory," and the "strict liability theory?" Should a company go as far as it can to make its products and services as safe as it can? (What happens to the price of products and services if a company does this?)

Reference no: EM131126819

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