Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
eassy on consumer protection
ethical issues of fair trade
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: eassy on consumer protection
Claudin C. Butler
Cohn
BUL 2241
26 April 2014
Consumer Protection
John, a homeowner of thirteen years recently sued a roofing contractor for false advertising stating that he could arrange financing for roofing repair jobs, the roofing contractor was found guilty of illusory publicizing a service that he was unable to fulfill to John, the consumer. Deceptive advertising, deceptive pricing, and punitive damages are a few actions that can be held against the business based on Consumer Protection. Consumer Protection is protecting the consumer from defective goods and pitiable quality of service from untrustworthy merchants. Consumers have persistently demanded monetary value in the usage of quality goods and better services over time. There are many consumer protection rights to be discussed. This is implemented by the consumer rights offered and the protection granted by federal laws to consumers and evidenced by the lawsuits filed by different consumers.
There are many rights allowing consumers to cancel a contract or file a claim to receive their money back if it exceeds $1.50. Some of the rights include that falsification is prohibited. Deliveries must be done on time or the consumer has the right to cancel the order if it does not arrive within 30 days unless the merchant states otherwise. Consumers are entitled to a refund if the services or product received has not been shipped or delivered. Consumers’ also have the right to cancel a sale transaction if he decided to accept the sales person’s suggestion, however, was not satisfied with the product. Many people change to a different cell phone carrier because of the rising prices terminating their contract of use with the company. The level of concern is starting to sore a...
... middle of paper ...
...Criminal penalties can be ordered as well for various forbidden acts to include forfeiture of assets and imprisonment for up to five years, this eliminates the requirement that the Consumer Protection Safety Commission advising the company of noncompliance before seeking criminal penalties.
Federal consumer protection laws are mainly enforced by the Federal Trade Commission, the Consumer Financial Protection Bureau, and the U.S. Department of Justice. For example, the Federal Trade Commission has created the National Do Not Call Registry to decrease telemarketing fraud. This service allows the consumer to ban for-profit organizations from making unsolicited calls to their home telephone. Consumer Financial Protection Bureau is responsible for consumer protection in the financial segment imposing that consumers are protected by the Consumer Protection Financial Act.
In the early 1900’s the economy was changing, and the automobile industry was booming. Sears, Roebuck began as a small mail order company, and later transformed into a nationwide chain of retail department and specialty stores, which included appliances and auto service centers (Emmit, Jueck and Rosenwald, 1951). In the late 1980’s Sears began to see a drop in revenue due to similar market retailers setting up shop nationwide. This created a number of hardships for Sears. On June 11, 1992 The California Department of Consumer Affairs charged seventy-two of Sears, Roebuck’s auto repair centers with defrauding customers by performing unnecessary service and repairs (Fisher, 1992). The Department’s Automotive Repair division charged Sears repair centers with fraud, false advertising, failure to clearly state parts and labor on invoices along with making false and misleading statements a (Fisher, 1992). This case is unique because, it was the first time The Consumer Department of Affairs had targeted the statewide operations of a company (Gellene, 1992). This paper will discuss the events that led up to over forty states seeking the revocation of licenses held by Sears auto centers, along with the types of fraud committed.
Firstly it is important to explore the reason of Consumer Law. Consumer Law is designed to prevent business to engage in unfair practices, gaining an advantage over competition and also to provide protection to those who are weak. Furthermore it is to provide protection to consumer, encourage consumption and help inform consumer and suppliers of their rights. Additionally Consumer Law helps deliver a competitive economy which engages in fair trade actions.
The Clayton Anti-Trust Act of 1914 has 26 sections describing laws which “protects trade and commerce against unlawful restraints and monopolies” (63rd Cong.,Sess. II, 1914). The Federal Trade Commission and the U.S. Department of Justice (DOJ) Antitrust Division are bodies that enforce the federal antitrust laws which are deeply rooted in the Sherman Anti-Trust Act of 1890 and the Clayton Anti-Trust Act of 1914.
The Dodd-Frank Wall Street Reform and Consumer Protection Act brought the most significant changes to financial regulation in the United States since the reform that followed the Great Depression. It made changes in the American financial regulatory environment that affect all federal financial regulatory agencies and almost every part of the nation’s financial services industry. Like Glass-Steagall, the legislation passed after the Great Depression, it sought to regulate the financial markets and make another economic crisis less likely. Banks were deregulated in 1999 by the Gramm-Leach-Biley Act, which repealed the Glass-Steagall Act and essentially allowed for the excessive risk taken on by banks that caused the most recent financial crisis. The Financial Stability Oversight Council was established through the Dodd-Frank Wall Street Reform and Consumer Protection Act and was created to address the systemic risks in the United States financial system and to improve coordination among financial regulators.
... and penalties may apply if they breach the law. This is evident in the case of 24 x 7 Direct Pty Ltd, where the company was penalised with a fine of $8800 for breaching the legislation. Therefore, the role of law reform is fairly effective in protecting the rights of consumer, but it is the consumer’s awareness to register the telemarketer’s number, leading to why it is effective.
Corporations bet on consumers not knowing their rights. You will know the “what”, “how”, and “whys”
In an ideal world, consumers and companies would equally share the burdens of product liability and consumer responsibility. However, in the real world, we must make tradeoffs between these two. How we do this will not only affect our legal environment, but our economic and social environments as well.
Even though consumers have great protection rights in Australian Customer Law, they have to understand that this law is designed to provide consumers and sellers a fair go. Therefore, consumers also have to be aware that they will not be protected if they are careless and make unreasonable demands.
S.6(2) states that as against a person dealing as consumer, liability for breach of the obligations arising from ss.13, 14 or 15 of the Sale of Goods Act 1979 (seller's implied undertakings as to conformity of goods with description or sample, or as to their quality or fitness for a particular purpose) cannot be excluded or restricted by reference to any contract term.
When people think of predatory pricing, two main laws come to the minds of most...
Marketing is a system of business activates designed to plan, price, promote and distribute want-satisfying products, services and ideas to customers in order to achieve business objectives. Consumer law protects consumer’s rights in the marketplace as well as fair trading, competition and accurate information. On the other hand, ethical aspects of marketing are about making marketing decisions that are morally right. However, consumer law and ethical aspects of marketing have a lot of advantages and disadvantages in the marketplace, which impacts business 's sales and growth like it happened to: Harvey Norman, Nurofen, apple, etc.
The protection of consumer privacy in e-business. The digital era has arrived. Blue Book information editorial board and Social Science Literature Publishing House (2010) pointed out that “China's e-commerce transaction volume reached 3.85 trillion yuan in 2009”. Utilisation of e-business services was also high amongst Hong Kong people.
would like to put you in a situation and show you how a consumer can
- Unsafe products can be banned ( product faulty and can not be sold again) or recalled (all stock taken back repaired and then put on the shelves)
Businesses are in game in order to earn money and advertising is the strongest weapon that helps to sell a particular product . An advertisement can be harmful and misleading as well as helpful and beneficial . Advertising in ethics is an unclear concept , but truly the main goals of corporations should be avoid misleading their customers by setting up wrong expectations and to keep their current clients .The major problem with advertising is that most of them are misleading . Advertisements create an unrealistic and sometimes irrelevant impression of an any particular product. Unfortunately, often , consumers become the victims of their tricks .