prepare a 500-word synopsis of the legal, ethical, and social concepts and issues discussed in the chapters 13 and 14 of attached text

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BUSINESS ITS LEGAL ETHICAL ANFD GLOBAL

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prepare a 500-word synopsis of the legal, ethical, and social concepts and issues discussed in the chapters 13 and 14 of attached text

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Synopsis of Chapters 13 And 14

The principle followed of the caveat emptor which was ‘let the buyer beware’ helped to improve the standard

of the liability meaning the buyer was to be alert of the defects of the products and the seller was not liable at

all. With this application the product liability improved to a standard liability. The seller is supposed to expos
products and make the buyer know exactly what the seller’s product entails. With this an express warranty
which is given in the UCC, the products quality, quantity and performance indication should be clear to the
buyers.

The product liability law has also been in long...


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