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How to report an unsafe electrical product ?

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drussell:

--- Quote from: dunkemhigh on November 12, 2020, 04:46:12 pm ---The whole point of having a limited company is that it's the entity that gets the stick if it does wrong, just as it's the company that reaps the rewards when it does right. If the CEO caused the company to lose a billion or two, the company might think it needs a better CEO and give that one the boot, but it's an internal matter.
--- End quote ---

Limited liability corporations are there to protect the shareholders. 

The directors of the corporation are the ones legally responsible for the corporation's actions, yet rarely actually are.

Money talks louder than words and actions, and all that...   ::)

VK3DRB:

--- Quote from: drussell on November 12, 2020, 04:49:11 pm ---
--- Quote from: dunkemhigh on November 12, 2020, 04:46:12 pm ---The whole point of having a limited company is that it's the entity that gets the stick if it does wrong, just as it's the company that reaps the rewards when it does right. If the CEO caused the company to lose a billion or two, the company might think it needs a better CEO and give that one the boot, but it's an internal matter.
--- End quote ---

Limited liability corporations are there to protect the shareholders. 

The directors of the corporation are the ones legally responsible for the corporation's actions, yet rarely actually are.

Money talks louder than words and actions, and all that...   ::)

--- End quote ---

Correct.

Australia's financial crime watchdog found Westpac Bank committed 23 million breaches of anti-money laundering and counter-terrorism financing laws as well as aiding the activities of paedophiles. The CEO walked out with $2.7 million payout. If I funded terrorists, I get up to twenty years in a tough jail. The Commonwealth Bank here was caught committing a range of significant crimes including theft of money, yet the CEO left with a $12 million worth of shares plus other pay. If I went and robbed a bank for $1000, I would go to jail. The banks can commit crimes and the big man gets rewarded. But the little man commits a much lesser crime and law punishes him.

https://www.theage.com.au/national/victoria/coroner-rules-over-fatal-wall-collapse-on-swanston-street-20180607-p4zk3o.html
No jail for anyone, despite these dodgy building companies killing innocent people though negligence.

Limited Liability should not allow those responsible to have limited liability for big crimes committed, or when people die. Same goes for importers, eBay, Amazon and others of unsafe non-compliant electronic products or toys that kills or injure consumers. Jail is a good deterrent, not a company fine. The law needs to change.

drussell:

--- Quote from: VK3DRB on November 13, 2020, 02:39:10 pm ---Jail is a good deterrent, not a company fine. The law needs to change.
--- End quote ---

The laws are there, that's not the issue, they are just very selectively enforced.

PlainName:

--- Quote ---Jail is a good deterrent, not a company fine.
--- End quote ---

Great, but how are you going to jail a company?

The problem here, which you are missing, is that the company is a legal entity with the same standing as a flesh&blood person. The CEO is merely an employee of that entity and his liability would be no different if you were self-employed and he was your employee.

Fine, you say, it is ludicrous that some virtual paper-based thing is the same as a person. Unfortunately, our systems rely on that being the case so that's how it is.

VK3DRB:

--- Quote from: dunkemhigh on November 13, 2020, 08:50:00 pm ---
--- Quote ---Jail is a good deterrent, not a company fine.
--- End quote ---

Great, but how are you going to jail a company?

The problem here, which you are missing, is that the company is a legal entity with the same standing as a flesh&blood person. The CEO is merely an employee of that entity and his liability would be no different if you were self-employed and he was your employee.

Fine, you say, it is ludicrous that some virtual paper-based thing is the same as a person. Unfortunately, our systems rely on that being the case so that's how it is.

--- End quote ---

Maybe the systems should change as part of development of civilisation. If a CEO who does the wrong thing is looking at spending 20 years sharing a cell with Big Bubba who wants a playmate, they will clean up their act quick smart.

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