Compare and contrast the regulatory alternatives discussed

Assignment Help Business Law and Ethics

Reference no: EM13469452

"Product Safety Regulation" Please responds to the following:

From the first e-Activity, analyze the current state of the government regulation of product safety to determine whether the referenced agencies are generally proactive or reactive. Provide one specific example of each agency to support your response.

Compare and contrast the regulatory alternatives discussed in the text in terms of the efficiency and efficacy these alternatives might provide to businesses and consumers. Next, determine which solution is the most viable, considering the likelihood of support from business and government interests. Explain your rationale.

"Tort Law" Please responds to the following:

From the second e-Activity, analyze the key ways in which the Third Restatement of Torts treats defective design, and assess how the change from the Second Restatement will affect product liability cases in jurisdictions that adopt the third version. Then, give your opinion about whether the second or third approach is better. Provide specific examples to support your response.

Evaluate whether you believe placing limits on punitive damages is appropriate. Explain your rationale.

Reference no: EM13469452

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