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Answer:
Industry Regulation component
Explanation:
Disclaimers on products have a legal history and they could be of two types. Either these disclaimers warn the buyers about the content or limits liability. A warning sign on the disclaimer is to make the effects of product clear. Another reason of disclaimers is to make your product legally safe and the buyer cannot sue the seller if any side effects occur which are already mentioned on the product. this warning and limitation of liability is a statutory law to prevent people from damage. the dangers of tobacco on its cover as disclaimer are used in environments where tobacco is used by people even after knowing its side effects. Hence, the industry is regulated to prevent them from possible lawsuits.
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