Discuss about an unreasonable risk of harm

Assignment Help Risk Management
Reference no: EM131893008

Question: What do you think this article?

Negligence is failure to live up to the standard of care that a reasonable person would meet to protect others from an unreasonable risk of harm. It can be thought of as the tort of carelessness.

To prove negligence, a plaintiff must establish four elements: (1) duty, (2) breach of duty, (3) causation, and (4) damages. Failure to establish any one of those elements precludes recovery by the plaintiff.

Warranty is a guarantee or binding promise that goods (products) meet certain standards of performance.

Warranties may be either express (clearly stated by the seller or manufacturer) or implied (automatically arising out of a transaction). Either type may give rise to liability.

Strict liability occurs when one causes injury to another by engaging in an unreasonably dangerous activity.

Misrepresentation can actually take place not only when a product itself is not defective so long as an injury took place when the product was used on misrepresentation (intentional or not) by the seller.

An individual intentionally uses some sort of misrepresentation to gain an advantage over another person.

The Dow Chemical Company had knowingly deceived women by hiding information about the health risks of silicone used in breast implants. It was also found that Dow Chemical had failed to test silicone adequately before it was used in the human body.

Eight women, who are representative of the women in the class action, were injured by the devices. Tens of thousands of women claimed that they suffered a host of health problems from silicone-filled breast implants, including hardening of the breast tissue, implant rupture and disabling disorders that resemble autoimmune disorders like lupus.

There is abundant evidence that silicone implants ruptured at rates far higher than initially suggested by manufacturers. But the vast majority of recent scientific studies have found that the rate of autoimmune diseases in women with implants is about the same as for the general population.

On all the major issues put to it, the jury found after a five-month trial that Dow Chemical had been involved in testing silicone for human implants, had been negligent in those activities and had remained silent about the dangers of silicone for humans. The jury also found that the company had conspired with Dow Corning and that it had intentionally made misleading statements about silicone's safety.

Reference no: EM131893008

Questions Cloud

Amount of energy emitted by the sun : How many 1-kiloton bombs would have to explode to produce 34.74 × 1026 joules, the amount of energy emitted by the Sun in 9 seconds?
What is the radius of the exosolar planet in km : The NASA Kepler mission detected a transiting planet that blocks 2.3 % of the star's light and the host star has a radius 81 % of the Sun's radius.
What wavelength of light energy : What wavelength (what color) of light energy is released when this occurs?
Describe the three types of virtual switches supported : Briefly describe the three types of virtual switches supported in Microsoft Hyper V. Briefly describe the purpose of checkpointing in Microsoft Hyper V.
Discuss about an unreasonable risk of harm : Negligence is failure to live up to the standard of care that a reasonable person would meet to protect others from an unreasonable risk of harm.
What are your opinions about the publics readiness to deal : What are your opinions about the public's readiness to deal with having this information available and using it to make choices about medical care?
What is the ratio of gravitational acceleration : What is the ratio of gravitational acceleration on Titan compared to that on the Moon? The gravitational constant
Identify and explore an aspect of care delivery : Although predicting change is a difficult task, it is important to understand and prepare for change that is coming or at least understand impact.
Apparent brightness for alpha centauri : Suppose you have a light bulb that emits 100 Watts of visible light. How far away would you have to put the light bulb for it to have the same apparent

Reviews

Write a Review

Risk Management Questions & Answers

  A project report on mutual funds

This project report speaks of the core and future aspects of Mutual Funds and the present challenges to cope with.

  Evalaute the theoretical option price

Evalaute the theoretical option price

  Risk and return

Investing in the stock market and Risk-free investment and inflation

  Evaluate the gross profit

Evaluate the gross profit

  Discuss concepts of risk and management

Risk lies at all levels of business activity. There are many different kinds of risks within an management as well as ways to manage risks.

  Determine the average risk premium

Here are stock market & Treasury bill percentage (%) returns between 2006 and 2010: Determine the average risk premium

  Hypothetical healthcare organization ratios

Discuss and explain why one should apply caution when using financial ratios for analyzing a healthcare management's current financial position and future viability.

  Discuss role of risk assessment

The financial information has been dominated currently by stories of financial institutions that have mis-measured risk as part of subprime mortgage crisis.

  Calculate maturity risk premium

The real risk-free rate is 3 percent, & inflation is expected to be 3 percent for the next two years. A 2-year Treasury security yields 6.3 percent.

  Selcting best option for portfolio

Suppose you are planning investing in two stocks to form a portfolio. Assume you do not like risk. Which one of given stock combinations will you select for your portfolio?

  Result of systematic or unsystematic risk

It has been a little over one year since the collapse of Lehman Brothers which was the first major event in the downturn of our stock market & economy.

  Determine risk management

Determine risk management? Discuss the importance of risk management in an organization? How does risk management mitigation create value for an organization?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd