Constructing Our Country's Indemnity System of Product Liability Punitive Damages
Hua Qian
Abstract
Hua Qian
Abstract
The indemnity is the important content of product liability law.Whether product liability indemnity bears the character of discipline besides the compensation property,it manifests people's subjective judgment on legal obligation.In order to punish the violator's willful or gross negligent conduct and deter latent ones from undertaking similar behavior,our country's product liability law should establish punitive damages system and place restrictions on substantive law and procedural law.
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The indemnity is the important content of product liability law.Whether product liability indemnity bears the character of discipline besides the compensation property,it manifests people's subjective judgment on legal obligation.In order to punish the violator's willful or gross negligent conduct and deter latent ones from undertaking similar behavior,our country's product liability law should establish punitive damages system and place restrictions on substantive law and procedural law.
Key concepts: Indemnity, Punitive damages, Product liability, Strict liability, Business, Damages, Law, Product (mathematics)