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    Let The Buyer Beware

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    The standard of caveat emptor (let the buyer beware) is in the background to many discussions about product safety. With these thoughts in mind discuss the ethical manifestations associated with a contractual standard of product safety.

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    https://brainmass.com/business/business-culture-in-china/let-buyer-beware-228506

    Solution Preview

    The standard of caveat emptor (let the buyer beware) is in the background to many discussions about product safety. With these thoughts in mind discuss the ethical manifestations associated with a contractual standard of product safety.

    The buyer must beware. The issues come with the country of manufacturing. Let's look at Mattel toys. Christmas 2007, the company lost billions in revenues because products manufactured in China, where lead based paint is legal, was sold in countries where lead based paint is illegal. The consumer assumes the product is safe and purchases it. "Another week, another recall of Chinese-made ...

    Solution Summary

    The solution discusses the caveat of "let the buyer beware" and how it relates to product safety.

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