Re:Judge rules that Amazon isn't liable for damages caused b...
by asfasgasg on Saturday June 02, 2018 @08:43PM
(#17217256)
I could imagine maybe a law requiring foreign companies to obtain a bond when selling consumer goods, if they don't have substantial presence in the U.S. This bond would be a surety that consumers could recover damages in the case of negligence, at least up to a certain amount. I don't see the argument for requiring Amazon to perform that service, though.
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Re:Judge rules that Amazon isn't liable for damages caused b...
by sk5t on Saturday June 02, 2018 @09:05PM
(#17217328)
Suppose the foreign entity decided to flout that law, and never did acquire a bond, or reported a nonexistent bond. Would it be Amazon's responsibility to detect this situation, and what remedy would be available to the customer regardless?
Re:Judge rules that Amazon isn't liable for damages caused b...
by scarface74 on Saturday June 02, 2018 @09:15PM
(#17217365)
It should be a registered bond with a trusted source. You wouldn't trust escrow funds that weren't held by a trustworthy party if you were involved in real estate.
Re:Judge rules that Amazon isn't liable for damages caused b...
by sk5t on Saturday June 02, 2018 @09:20PM
(#17217383)
Would Amazon then check and enforce the status/claims against the bond as part of processing each order? It's an interesting idea for sure.
It seems like this would put a total stop to inventory commingling, which does sound attractive, at an abstract level.
Re:Judge rules that Amazon isn't liable for damages caused b...
by mohdmasd on Sunday June 03, 2018 @01:30AM
(#17218054)
Letter of Guarantee?
https://www.investopedia.com/terms/l/letter_of_guarantee.asp