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Proceedings Paper

Product Liability Control - A Strategic Management Tool
Author(s): V. Morfopoulos
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Paper Abstract

Ever increasing numbers of product liability claims and the cost of product liability defense litigation affect the profitability and insurance premiums of many US concerns. Occasionally, the very existence of firms (manufacturers,distributors or retailers) is threatened because of ignorance or neglect in product liability control. Establishing the necessary risk management controls in this field should be accorded high priority in corporate decision making. Real product liability exposure almost invariably results in litigation based upon three types of legal doctrines: Breach of Warranty, Negligence or Strict Liability in Tort.

Paper Details

Date Published: 14 November 1977
PDF: 2 pages
Proc. SPIE 0111, The Business Side of the Optical Industry III, (14 November 1977); doi: 10.1117/12.955530
Show Author Affiliations
V. Morfopoulos, American Standards Testing Bureau, Inc. (United States)

Published in SPIE Proceedings Vol. 0111:
The Business Side of the Optical Industry III
Roderic M. Scott; David Treffs, Editor(s)

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