Alberta’s act is similar to most acts in other provinces. The Sale of Goods Act (SGA) supplements the common law rules for contracts. The SGA essentially codifies the common law exceptions to the common law rule of caveat emptor (buyer beware).…
The sales of goods act 1979 is one of the most important asks which all businesses are obliged to follow. The sales of goods act states that business must only sell goods that are as described in marketing (packaging, advertisements, etc.) This means businesses cannot advertise an Apple iMac and then sell a Pear iMac to their customers. Another part of the sale of goods act which businesses have to follow is the part of the act which states that products must be ‘of satisfactory quality’; this means that businesses can only sell products which are of decent quality and not products which wall fall apart when used on first instance. Businesses must ensure that all of their products are described accurately so that they do not fail to follow this act. If a business’s product is not deemed to pass this regulation then the business must substantiate any claims that are made against their products.…
This act relates to the pricing and quality of products and/or service supplied to a consumer. Goods and services should be fit for purpose, of good quality and as described. It ensures that services provided must be up to an acceptable standard and at a reasonable price (if the price was not agreed in advance).…
1. Under the Warranty of Fitness for a Particular Purpose, what two things must a seller know about a buyer? 280…
It also sets out when information about certain products must be disclosed to consumers, and helps ensure products are safe.…
The Federal Trade Commission enforces a variety of federal antitrust and consumer protection laws. The Commission seeks to ensure that the nation's markets function competitively, and are vigorous, efficient, and free of undue restrictions. The Commission also works to enhance the smooth operation of the marketplace by eliminating acts or practices that are unfair or deceptive. In general, the Commission's efforts are directed toward stopping actions that threaten consumers' opportunities to exercise informed choice. Finally, the Commission undertakes economic analysis to support its law enforcement efforts and to contribute to the policy deliberations of the Congress, the Executive Branch, other independent agencies, and state and local governments when requested.…
One mechanism that protects consumers is the development of the Trade Practices Act 1974 (cth). These acts ensure the rights of consumers as well as fair trade, competition and accurate information in the marketplace. In the case ACCC v Target Australia Pty Ltd (2001) FCA, the Australian Competition and Consumer Commission (ACCC) took action against Target for misleading deceptive conducts from their target advertisement. Target was breached under the Trade Practices Act 1974 (Cth) which prohibits misleading and deceptive conduct. The ACCC took target to court and enforced its penalties through the court. The ACCC helped to protect the need of consumers to have honest and non-deceptive advertising. The Court ordered Target to apologise to all consumers who were misled by the company’s deceptive advertising. This shows the effectiveness of the law from the ACCC and the Trade Practices Act 1974 (cth) through criteria of enforcement. It also shows the effectiveness of the law in relation to the protection of individual rights, as Target was required to redress its deceptive conduct so that the right of individuals…
What is fair trade? Where did it start? Who started it and why? Believe it or not, fair trade has been around for a long time. Fair trade is the practice of directly benefiting producers in the developing world by buying straight from them at a guaranteed price. (thefreedictionary.com) Most items that we buy are not made in the U.S, their made in different countries and most of the time the producers are getting ripped off. Talking about fair trade for today isn’t the vocal point of this essay. Let’s go back in time and see how fair trade got started and how it spread throughout the world. The UK started fair trade about 40 years ago, which a movement began to regulate imported products.…
6. Trade Descriptions (Provision of Information on Natural Fei Cui) Order came into force: 2 Mar 2009…
The article is published on the “The Guardian” official web page. It is written by unknown author from The Guardian company. The Guardian is a British national daily newspaper which was 1821, developed through centuries and is now one of the most popular daily news source of Great Britain.…
WOODS.N, BHAGWAIT.J & DATTA.S. 2010. Economists Debates – Fair Trade. [Online] [Accessed February 21 2012] Available from: http://www.economist.com/debate/days/view/514…
Today I want to talk about „Fair Trade“. At first I tell you something about the generall things (What is FT ? My second point ist he organisation, then the principles, goals the Ft Label and the use of money.…
The consumer protection act, 1986 is one of the benevolent social legislation intended to protect the large body of consumer from exploitation. The act has come as a panacea for consumers all over the country and has assumed the shape of practically the most important legislation enacted in the country during the last few years.…
Consumer protection laws are designed to ensure fair competition and the free flow of truthful information in the marketplace. The laws are designed to prevent businesses that engage in fraud or specified unfair practices from gaining an advantage over competitors and may provide additional protection for the weak and those unable to take care of themselves. Consumer Protection laws are a form of government regulation which aim to protect the interests of consumers. For example, a government may require businesses to disclose detailed information about products—particularly in areas where safety or public health is an issue, such as food. Consumer protection is linked to the idea of "consumer rights" (that consumers have various rights as consumers), and to the formation of consumer organizations which help consumers make better choices in the marketplace.…
Consumer protection is essential for a healthy economy. We need Consumer Protection Act for the following:-…