Let's say that Mabel's restaurant buys $10,000 worth of computers from the Jones Company and they crash on January 3 of next year. Mabel's restaurant loses a million dollars' worth of business as a result. Mabel writes to Jones Computer Company telling them that the crash was as a result of a Y2K failure; they want the computers fixed, she wants compensation for the million dollars. Here is what happens: The Jones Computer Company has to respond within 30 days of hearing from Mabel's restaurant. They can say: Yes, Y2K failure; we are going to fix the computer the way Mabel wants, and we are going to pay the million dollars as well. Or they can say: We will fix the Y2K problem, but we don't think we ought to be responsible for the entire million dollars' loss. Mabel and Jones Computer agree Jones ought to fix them, they negotiate and come up with what Jones is liable for, and if Mabel doesn't think she is getting everything she ought to, she can go out and sue Jones immediately.
Editor's note · Context
Discussing potential business liabilities related to Y2K failures.
Share
More from Ron Wyden
We urge the State Department to ensure timely processing of F, M, and J student and exchange visitor nonimmigrant visas, consistent with the approach taken by administrations of both parties in the past, and to implement other measures to…
My goal throughout all these hearings is to advance a fresh plan to reimagine the American health care system that makes good on the promise that health care is a basic human right.
Mr. Clayton didn’t offer a shred of evidence to support his conspiracy theories, so I asked him – who were these mythical election bandits?
If Congress passes this bill, members will be condoning the tariff chaos of the last year and a half – and inviting more.





