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> That's what we have regulations for. Regulations don't work. There needs to be legal liability for the fraud perpetrated by the vendor against the customer,
by Gormo 3y ago
> That's what we have regulations for.
Regulations don't work. There needs to be legal liability for the fraud perpetrated by the vendor against the customer, not prescriptive rules that vendors influence, then follow dogmatically so they can cite compliance in order to disclaim liability for their intended bad outcomes.
- sgift 3y agoRegulations are the basis for legal liability. You cannot put someone in prison or fine them without a law that says what they did was wrong.
- Gormo 3y agoStatute and common law are the basis for legal liability. The modern concept of regulation, as promulgated via various administrative agencies, is distinct from, and often displaces, the traditional function of law.