Tort and Accident Law
Advanced
Enterprise Liability
The allocation of accident losses to an enterprise that can spread, insure, price, or reduce risks associated with its products or activities.
Why It Matters
Enterprise liability supports economic arguments for product liability when manufacturers can aggregate claims, improve safety, and distribute accident costs through prices more effectively than individual consumers.
Selected Literature
A short list of directly relevant archive entries.
1961
Intermediate
1970
Advanced
2004
Advanced
Related Cases
1944
Foundations of Law and Economics
Escola v. Coca Cola Bottling Co.
24 Cal. 2d 453, 150 P.2d 436 (1944)
Proof of negligence and the allocation of product-accident risk between manufacturers and consumers.
1947
Foundations of Law and Economics
United States v. Carroll Towing Co.
159 F.2d 169 (2d Cir. 1947)
Negligence, precaution costs, accident probability, and expected loss.