What can happen to hundredsof unsuspecting consumers

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Reference no: EM1367466

Q. As Bic lighters were first manufactured in 1972, hundreds of people have been injured by lighters that explode into flames, often when y are not even in use. Bic Corporation has stopped most lawsuits by offering huge settlements to those people injured by lighters. One such settlement topped $3M. In se settlements, Bic inserted a secrecy clause preventing injured party from revealing to public any part of incident. Should Bic continue to market lighters knowing of their tendency to explode? Should corporation settle se claims out of court? Should secrecy clause be included in each settlement? Do injured parties acting ethically when y promise to keep quiet know Illustrate what can happen to hundreds of unsuspecting consumers?

Reference no: EM1367466

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