Is it ethical to announce a recall for repair rather than a straight recall when a product
Question:
Is it ethical to announce a “recall for repair” rather than a straight recall when a product is defective? Should a manager do more than the CPSC requires to publicize the recall? Is it ethical to settle a product liability case on the condition that the plaintiff keeps the settlement confidential?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
During a recall investigation most large manufacturers can demonstrate to the CPSC that their product complies with a voluntary safety standard however voluntary standards often require only minimum l...View the full answer
Answered By
Collins Omondi
I have been an academic and content writer for at least 6 years, working on different academic fields including accounting, political science, technology, law, and nursing in addition to those earlier listed under my education background.
I have a Bachelor’s degree in Commerce (Accounting option), and vast knowledge in various academic fields Finance, Economics, Marketing, Management, Social Science, Women and Gender, Business law, and Statistics among others.
4.80+
4+ Reviews
16+ Question Solved
Related Book For
Managers and the Legal Environment Strategies for the 21st Century
ISBN: 978-0324582048
6th Edition
Authors: Constance E Bagley, Diane W Savage
Question Posted:
Students also viewed these Business Law questions
-
Is it ethical to use design elements and special effects to persuade an audience? Why or why not?
-
Is it ethical to use design elements and special effects to persuade an audience? Why or why not? Discuss.
-
Is it ethical to ambush? Divide into two teams. One team must prepare a presentation advocating the use of the ambush marketing tactics described in the Review Exercise. The other team must prepare a...
-
Look at the following code. Which line will cause a compiler error? Explain why. Line 1 public class ClassA Line 2 { Line 3 public ClassA () {} Line 4 public final int methodl (int a) () Line 5...
-
Green Leaf Fertilizer Ltd. experienced four situations for its supplies. Compute the amounts indicated by question marks for each situation. For situations 1 and 2, journalize the needed transaction....
-
What is the greatest possible rate of energy transfer by radiation for a 5.0-cm-diameter sphere that is at 100C?
-
Compare open cycle and closed cycle gas turbines.
-
DeMilo, Inc., owns 100 percent of the 40,000 outstanding shares of Ricardo, Inc. DeMilo currently carries the Investment in Ricardo account at $490,000 using the equity method. Ricardo issues 10,000...
-
Cook had the following nominal account items for the year ended 2016: Sales 1,000,000 COGS 215,600 Research and Development 14,000 Gain on Land Sale 35,500 Selling Expenses 240,000 Unrealized Foreign...
-
Curve Fitting with Constraints. A banks economist has been interested in developing a production function for the bank. The model recognizes three explanatory variables, which are measures of...
-
The two largest newspapers in Chicago are the Chicago Tribune and the Sun Times, and the two largest supplemental news providers are the New York Times News Service and the Los Angeles...
-
Ravlona, a cosmetic company, has developed an innovative makeup that holds fast on the skin for thirty-six hours. The makeup uses a new chemical dye recently developed by the in-house research team...
-
Should foreign subsidiaries of multinational firms conform to the capital structure norms of the host country, or to the norms of their parents country? Discuss.
-
A company has the following total cost data available for two levels of production of one type of product: The current supervisor can cover production levels up to and including 5,000 units. For...
-
Which ONE of the following would NOT explain a favourable direct materials usage variance? A Using a higher quality of materials than that specified in the standard. B A reduction in materials...
-
Holyrood Products Ltd makes DVD recorders. The management accountant has produced the following summary of the companys trading in the year ended 30 June Year 3: The following additional information...
-
You are the team leader for a group of social workers who specialise in dealing with the needs of elderly persons in their homes. You have been told by your line manager that your teams budgeted...
-
Look back to the example of Allerdale in section 15.6. The following information relates to the month of July which had the same budgeted profit as that of June but saw an unexpected increase in...
-
Sarah was contemplating making a contribution to her traditional IRA in 2014. She determined she would contribute $5,000 in December 2014, but forgot about making the contribution until she was...
-
On January 1, 2017, McIlroy, Inc., acquired a 60 percent interest in the common stock of Stinson, Inc., for $340,200. Stinson's book value on that date consisted of common stock of $100,000 and...
-
Explain with examples the page directive.
-
Questions for those who agree that the First Amendment protects flag burning:
-
Questions for those who argue that the First Amendment does not protect flag burning:
-
1. What is a bill? 2. Why are the floors of the House and Senate nearly deserted so much of the time?
-
2.1 Explain by means of drawings how the Successive-Approximation conversion process takes place when receiving an analog voltage input. Use the KEEP/RESET method. Use 5 V input. Vref= 8 V (10) 2.2...
-
Assume that we have a Ridge regression problem with only one predictor, and the true model is linear without an intercept, i.e. Y = X + e. Assume that we have In samples, (xi, y), (x2, Y2), . . .,...
-
Please write a program that calculates the final score of multiple students using different weight of exams and assign their final grade using the following criteria: If the average grade is 90 or...
Study smarter with the SolutionInn App