against a company that issues a faulty good and the said good injures me? For instance, if I were to buy a malfunctioning plasma TV from Wal-mart and while installing it was electrocuted, what kind of legal repercussions for Wal-mart would there be, if any? Would I need to rely on insurance to pay my bills while recovering? What would other consequences for not properly ensuring product safety, such as bad press etc. be? This is assuming the scenario occurs under a system governed by Austrian principles, obviously.
Zach:Wal-mart was just an example, the scenario being essentially anyone selling me anything that doesn't work because somewhere along the line while it was being produced, or injures me in some way and was bought under the pretense it would. It could be bad produce, selling me a bottle of medicine full of duds, and so on. Obviously competition encourages such malfunction being prevented, but what about in exceptions? If nothing happens to the retailer what would happen to the manufacturer , if anything?
You didn't get whatever you voluntarily exchanged for. This is fraud -- most likely, unintentional. Stores don't take these items back just to avoid litigation, but also it's awful PR to not do so. Were a store to have a real hard-ass insurance policy, it would most likely have a policy where its workers inspect higher-priced goods prior to exchange.
they would probably be due medical bills and compensation for the assault on your person.
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No one would have bought a TV that gave an electric shock under an economy with Austrian principles.
Wal-Mart wouldn't exist, either. If it did, it wouldn't be the hell-raiser it is, because it couldn't sell bad products at low prices; it would have to sell good products at relatively low prices under an Austrian economy.
Supporter of Dr. Paul for Life:Wal-Mart wouldn't exist, either. If it did, it wouldn't be the hell-raiser it is, because it couldn't sell bad products at low prices; it would have to sell good products at relatively low prices under an Austrian economy.
Sorry, are we thinking of the same company? What is so particularly bad about Wal-mart? Why wouldn't it exist?
Zach:against a company that issues a faulty good and the said good injures me? For instance, if I were to buy a malfunctioning plasma TV from Wal-mart and while installing it was electrocuted, what kind of legal repercussions for Wal-mart would there be, if any?
Wal-mart doesn't manufacture TVs (to my knowledge), so likely none.
Zach:if I were to buy a malfunctioning plasma TV from Wal-mart
I presume you meant to say you *unknowingly* purchased a malfunctioning plasma TV. Otherwise, you knew it was malfunctioning and it's unlikely any retailer would knowingly sell you a faulty (or used, for that matter) product without an "as-is" disclaimer.
Supporter of Dr. Paul for Life: No one would have bought a TV that gave an electric shock under an economy with Austrian principles.
Elaborate please, what Austrian principle?
Wal-mart was just an example, the scenario being essentially anyone selling me anything that doesn't work because somewhere along the line while it was being produced, or injures me in some way and was bought under the pretense it would [work/not cause harm]. It could be bad produce, selling me a bottle of medicine full of duds, and so on. Obviously competition encourages such malfunction being prevented, but what about in exceptions? If nothing happens to the retailer what would happen to the manufacturer , if anything?
can you briefly state why you presuppose that you would have no case based on some principles you feel we hold to?
If I have it was unintentional. I'm not trying to imply there wouldn't be any legal leeway.
Yes, you would have a legitimate claim to compensation. Yes, the business in question might pay out based on moral conviction, but more likely they will try to preserve their reputation in the marketplace.
You would first need to put together proof that you were harmed, and the business establishment was responsible. You would have medical records showing you were in the hospital; you would need to have an electrician certify that your house was properly wired; eyewitnesses of what happened; etc. Then you would call WalMart and demand they pay up, and if they give you any mierde, take it to the media.
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