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  • Essay / Are we pursuing a specific goal? - 1072

    "It all depends." The ever-present element, the trial, is no longer just an American plan to “get rich”; but it is now widely used in the United Kingdom. Everyone is trying to make easy money through the legal system and for the most part they are doing a good job. People constantly filing lawsuits and winning large sums of money in court through ridiculous cases have eroded the underlying quality of trials. Therefore, the potential for lawsuits aimed at improving the economy has always existed; but his manipulation and blatant allegations of greed have corrupted his once noble intentions of making people examine the legitimacy of every claim. Businesses continually produce goods for the consumer market. However, with the advent of the trial, a lot of pressure has been placed on businesses to be more careful in terms of efficiency and especially safety when it comes to goods and services. If a customer feels they have been cheated out of their money and/or are simply unhappy with what they paid, they have the right to take legal action against the responsible party. Undoubtedly, such a case costs a large sum of money and 90 percent of the time the accused loses; This therefore incentivizes companies to improve the quality or design of what they offer to the consumer market in order to avoid difficult and costly legal action. Lawsuits keep companies in line to prevent them from acting irresponsibly. From a leaking Mazda gas tank to an alcoholic doctor, the range of possible prosecutions never ends. How does a company deal with such deficiencies? The answer is to fix them. It's neither simple nor cheap. It is very expensive to protect people from such a multitude of hidden dangers and product defects, which sometimes renders things useless. For example, a pharmaceutical company is trying to bring a new super aspirin to market, but it must be tested for possible side effects; a bureaucracy considers the expense of carrying out such a process and decides whether it is really worth incurring such an inconvenience given the expected return. The time and cost involved in such an endeavor is off-putting and discourages businesses (especially relatively new businesses, which need to be economical with money). In order to avoid small lawsuits, it is essential to have an insurance plan, which once again means companies are looking at another lump sum of money that could have been allocated elsewhere..