What Happens to Your Mortgage Liability during Divorce

Having a mortgage as a divorcing couple will be your biggest liability. Depending on any pre-nuptial agreements and settlements, traditional divorces split assets equally between the two divorcing spouses. However, debts and liabilities are also split equally. This is true of the home and also true of the mortgage attached to it. Therefore it is


When Companies Need Us to Stay Ignorant

While it’s understandable that businesses would prefer to keep certain trade secrets and proprietary formulations under wraps, matters of food safety should be considered in a different light. If brands feel like they would lose market share to competitors who hadn’t sold or distributed dangerous products, perhaps that fear should be realized for the good of consumers everywhere. This is the problem of information asymmetry; that is, when buyers and sellers have different levels of information about a product that lead to different decision-making capabilities.



Lead Exposure Concerns Result In Nabelsi Thyme Recall

We’ve read a lot about listeria and salmonella outbreaks and their related recalls lately, and now it seems that lead poisoning has joined the fray. In Dearborn Heights, Michigan, Aroma Imports Inc. has issued a recall of their “450 g and 4.5 kg packages of Nabelsi brand Thyme” due to excessive levels of lead. How was this problem discovered? Well, the potential issue was discovered when the FDA, the Illinois Department of Public Health and the Environmental Health Protection collected samples of the product and found that it contained high levels of lead, measuring at 422 PPM.




Kids II Oball Rattles Recalled Due To Choking Hazard

When parents buy toys for their children from the store, they expect them to be safe. They certainly don’t expect a toy as simple as a rattle to ever be recalled. Well, it happened. A popular infant toy, the Kids II Oball Rattle, has been recalled by the United States Consumer Product Safety Commission due to a choking hazard.