Product Liability Control - A Strategic Management Tool

V. Morfopoulos

doi:10.1117/12.955530

14 November 1977 Product Liability Control - A Strategic Management Tool

V. Morfopoulos

Proceedings Volume 0111, The Business Side of the Optical Industry III; (1977) https://doi.org/10.1117/12.955530
Event: 21st Annual Technical Symposium, 1977, San Diego, United States

Abstract

Ever increasing numbers of product liability claims and the cost of product liability defense litigation affect the profitability and insurance premiums of many US concerns. Occasionally, the very existence of firms (manufacturers,distributors or retailers) is threatened because of ignorance or neglect in product liability control. Establishing the necessary risk management controls in this field should be accorded high priority in corporate decision making. Real product liability exposure almost invariably results in litigation based upon three types of legal doctrines: Breach of Warranty, Negligence or Strict Liability in Tort.

Citation Download Citation

V. Morfopoulos "Product Liability Control - A Strategic Management Tool", Proc. SPIE 0111, The Business Side of the Optical Industry III, (14 November 1977); https://doi.org/10.1117/12.955530

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