PRODUCT LIABILITY: PART I Causes of the Product Liability Crisis
IRENE ROBERTSON
(Former graduate students, College of Business Administration, The University of South Carolina.)
PHIL MANCUSI‐UNGARO
(Former graduate students, College of Business Administration, The University of South Carolina.)
RICK MCGEE
(Former graduate students, College of Business Administration, The University of South Carolina.)
STEVE MELTON
(Former graduate students, College of Business Administration, The University of South Carolina.)
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Abstract
Introduction In the last decade the problem of product liability has become one of the major concerns affecting industry, consumers and government. Product liability, which relates to the responsibility of a manufacturer to compensate a user who suffers injury from using his product, is not a new concept. King Hammurabi of Babylon instituted these two laws over 4,000 years ago:
Citation
ROBERTSON, I., MANCUSI‐UNGARO, P., MCGEE, R. and MELTON, S. (1981), "PRODUCT LIABILITY: PART I Causes of the Product Liability Crisis", Studies in Economics and Finance, Vol. 5 No. 2, pp. 67-103. https://doi.org/10.1108/eb028625
Publisher
:MCB UP Ltd
Copyright © 1981, MCB UP Limited