Analysis of a business's product liability
In two to three paragraphs, provide the following information about the business that you created in Week 1.
1. Based on the type of product your business will offer, discuss potential product liability issues and how your company can avoid these potential risks.
2. Explain your plans to handle sales contracts and warranties.
a.What are the advantages and disadvantages to contracts:
i.including FOB Shipment terms
ii.including FOB Destination terms
b.Will your contracts include FOB Shipment or FOB Destination terms?
1. Based on the type of product your business will offer, discuss potential product liability issues and how your company can avoid these potential risks.
2. Explain your plans to handle sales contracts and warranties.
a.What are the advantages and disadvantages to contracts:
i.including FOB Shipment terms
ii.including FOB Destination terms
b.Will your contracts include FOB Shipment or FOB Destination terms?
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