Pros and cons of government safety regulation

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Questions

1. What do you see as the pros and cons of government safety regulation?

2. Is business meeting its responsibilities to consumers with regard to the safety, quality, pricing, and labeling and packaging of its products? If not, how might it do better?

3. Is advertising a positive or socially desirable aspect of our economic systems Importance of MacPherson v. Buick Motor Car (p. 265) why critics of strict product liability believe it is unfair (p. 266) two arguments in favor of strict product liability (p. 266) how almost all advertising fails to provide full information (p. 286) the case against puffery (p. 287) reasonable-consumer standard versus gullible-consumer standard (p. 289) two criticisms of Galbraith (p. 294) Reference: Shaw & Barry, Moral Issues in Business, Chapters 6.

Reference no: EM133671482

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