1. Subject:
Professional Practice
Submitted To:
Ma’am Qandeel
Presented By:
Hamid Ali , Laraib Saeed , Sana Akbar
Roll No:
36,35,22
Department:
Information Technology
Session:
3rd Semester (2018-2022)
Institute:
Govt. Emerson College Multan
3. What is Liability?
The state of being bound or obliged in
law or justice to do, pay, or make good something; legal
responsibility.
Liability For Defective Software
A Defective product is any product that cause injury to a
person due to faulty laboring and design defective
manufacturing product.
A customer who suffer loss or damage resulting from a
defect in the software due to the negligence of the software
developer.
There are the fallowing element in the liability of
negligence:
The existence of a duty of care
The breach of a duty of care
The loss or damage resulting from the breach.
4. Classification of Liabilities
1. Current liabilities (short-term liabilities) are liabilities that are
due and payable within one year.
2. Non-current liabilities (long-term liabilities) are liabilities that are due after a year or
more.
Current Liabilities
• Income taxes payable(payable in 1 year )
• Short-term loans
• Unearned revenue
• Sales tax
• Customers advanced and deposits
• Accounts payable
• Dividends Payable(sum of money payable by company to its shareholders as its profit)
Non-current Liabilities
• Bonds payable(payable amount according to fixed agreements)
• Long-term notes payable(banks loans)
6. What Is Product Liability?
A buyer or user of a product who is injured because the
product is unsafe or defective. The condition may recover from manufacturer or developer
or seller of product.
Liabilities of Manufacturers:
Provide product to the customers that lives up to the claims
and firm makes about the product
Liabilities of seller and buyers :
The rights and duties of seller and buyer in the case of
sale is to ensure fair dealings, and as far as possible, to minimize fraud and waste of money,
time and property.
.
7. Strict Liabilities:
1. Person held responsibility for injure
2. The plaintiff must prove only that the injure occur because the product is unreasonable
defective or dangerous .
3. No need to prove who caused the defct.
4. Legal defense used against this liability.
Negligence :
1. Supplier is not held responsible for every product defect.
2. Responsibility is limited
3. Defect has been checked correctly
4. Legal justification(mean check warrenty ,and given caution of products)
5. At the end after all the legal formalities the product or defect is claimed
8. Safety of consumer
The Sale of Goods ACT 1994 implies;
“the goods are of satisfactory , quality if they meet the standard that a reasonable person
would regard as satisfactory ,taking into account any description of the goods , the price
and all other relevant circumstances”.
The quality of goods includes;
o fitness for all the purpose;
o appearance and finish;
o freedom from the minor mistakes;
o safety;
o durability;
