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Warnings or lists of ingredients

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Review the discussion of "caveat emptor"

a. Should this standard apply in the case of toys that contain lead paint or pose choking hazards for children and, thus, should parents bear responsibility for testing their children's toys for lead or choking risks? Why or why not?

b. Would it make a difference if such products came with warnings or lists of ingredients? Or should the government, through laws or regulators, demand that business demonstrate "due care" to avoid manufacturing or selling such items? Why or why not?

Reference no: EM133045698

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