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Because the plaintiff states that they would not have purchased the car if they had known there were potential security issues, damages would most likely not be awarded as there was no incurred physical harm to self or property. However, damages may be awarded if this happens in California, which has IoT laws. The more frequent these cases become in states without IoT laws, the more cybersecurity laws will be adjusted and created to put the liability on to the manufacturers of these IoT devices in all states.
We, as consumers, are demanding more innovative technologies. However, we all know (even businesses) that these new technologies come with risks. Most consumers do not read all the fine print to know what they are getting into, or they may need help understanding what they a reading if they do read it. Businesses have the backing and knowledge to understand the software and securities needed to make safe products. This product knowledge should require a company to add and update the securities as necessary to make products safe for consumers.
The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..
This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.
Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.
With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.
It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.
Company Law, Application of Law to Facts and Conclusion.
This assignment related to business law.
Answer all the questions under business law.
Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.
Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.
Business value and ethics, Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..
Advise what tax consequences arise in respect of the payments.
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