Explain the economic loss doctrine

Assignment Help Other Subject

Reference no: EM13324366

Review “America Online, Inc. v. St. Paul Mercury Insurance Co.” in Chapter 8. Students will respond to the following:

Explain “the economic loss doctrine.”

Explain how it applies to AOL.

Explain how it applies to Transport Corporation.

Explain what AOL could have done to better protect itself in the process of making an insurance deal.

Reference no: EM13324366

Questions Cloud

Use credentials-impartiality-style and tone : How would you use credentials, impartiality, style and tone, and currency criteria in evaluation the credibility and validity of your sources of information?

What communication channel : You are the manager of a large travel agency. You manage 11 employees. This morning, one of your employees notifies you that the company login name and password no longer work for a computer application used by all company employees.

What communication channel will you use : You are the Marketing Manager for a new beverage that has done remarkably well in the United States after its introduction, especially in sports arenas such as football and basketball. The Vice President of Operations charged you and your team to dev..

Create arguments for and against the legislation : Biotech medicines---proteins made by modifying the DNA of bacteria, yeast or mammal cells and infused into sick patients---are the fastest growing category of health spending. Sales reached $40 billion in 2006, when reports indicated there were more ..

Explain the economic loss doctrine : Explain “the economic loss doctrine.” Explain how it applies to AOL. Explain how it applies to Transport Corporation. Explain what AOL could have done to better protect itself in the process of making an insurance deal.

Uses a periodic inventory system : Memories Inc. commenced operations on July 1. Memories Inc. uses a periodic inventory system. During July, Memories Inc. was involved in the following merchandise transactions: July 2 Purchased $20,000 of merchandise from supplies Inc, on account, te..

Business-to-business function : Please pick a website that provides a business-to-business function and summarize it in less (It doesn't have to be an EDI or marketplace company, but any B2B site). You are then required to post a comment or question to another student's company

Job is to respond to consumer emails and letters : Imagine for a moment that you’re a marketing director for Wal-Mart, and your job is to respond to consumer emails and letters. You’ve been hit recently with a barrage of mail protesting your new Christmas wish list website. You must develop a respons..

Ethical dilemma-discuss the pros and cons : When a McDonnell Douglas DC-10 crashed over Iowa, a subsequent investigation suggested that the plane’s hydraulic systems did not provide enough protection. The DC-10 had three separate hydraulic systems, all of which failed when an engine exploded.

User Account

All Pages