Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can sellers build the risk of product liability lawsuits into their pricing?

0
Posted

Can sellers build the risk of product liability lawsuits into their pricing?

0

Sellers typically work on very small profit margins. Yes, they can build the risk of their own wrongdoing into pricing, but trying to build the cost of covering the wrongdoing of other parties is cost-prohibitive and has a chilling effect on business.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123