Explains some of the legal and economic issues surrounding the rules of liability.
Written in 2002; 650 words; 3 sources; $ 26.95
Paper Summary:
The various legal systems, the various rules of liability, and the unfathomable number of possible economic outcomes make a brief analysis impossibly difficult. Nevertheless, with a few simplifications, it is possible to shed some light onto the general concepts that surround the issues. This is what this paper proposes to do.
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