Compensation for Harm Caused by Defects of Products, Works or Service

Abstract

Compensation for harm caused by products, works or services is one of the most important institutes of civil law. The problem of damage caused by defects of goods, works or services was particularly significant and got more importance from the second half of the 20th century when the increase in production 35 and service delivery put the final consumer into a difficult situation. Civil Code of the Republic of Armenia adopted in 1998, introduced a new approach to the settlement of the discussed issue that was consistent with the trends in time development. But it is also important to find out the relevance and completeness of the Code's legal regulations of the highlighted issue in comparison with the legal regulations of other countries. The study examined Armenia's legal regulations on compensation for harm caused by defects of products, works or services in the context of a comparison with a number of foreign countries.