Question

Should producers of software-based services, such as ATMs, be held liable for economic injuries suffered when...

Should producers of software-based services, such as ATMs, be held liable for economic injuries suffered when their systems fail?

Homework Answers

Answer #1

The producers of software-based services, such as ATMs are liable for economic injuries suffered when their system fails, the reasons are provided below:

  1. The producers should take responsibility towards the damage because that impact on the customer loss, where the customers will not be able to access on their economic demands.
  2. The software plays a major role in the ATMs, as where only with that help the customers can withdraw their money, so the producers of the software should rectify on the issues that occurred to ensure on reducing financial loss that occurs to the customers.
  3. The producers can be benefitted when they satisfy on the customer demand, or else it impacts both the customers and producers towards the economic loss when the system fails.

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