Consumer Credits Act 2006 means Marks and Spencer’s needs a credit license to be able to sell their goods to customers that are paying with credit. If Marks and Spencer’s did not have a credit license they could be fined or sentenced to prison.
Consumer Law affects Marks and Spencer’s marketing activities. All the products that Marks and Spencer’s sell to the customers must be suitable for the customers. Also Marks and Spencer’s have to make sure that they are up to date with this law and that they are not carrying out anything illegal, If Marks and Spencer’s were not up to date with this law they would be illegally selling their products to their customers.
Sales of Goods Act 1979 means Marks and Spencer’s must sell their product exactly as described and must products must be of satisfactory quality. If a product is sold that does not match up to the description then Marks and Spencer’s could face serious issues, this can also result into customer loss because the customers will feel as they are not getting the right product.
Consumer Protection from unfair Trading Regulations 2008, ensures that Marks and Spencer’s are being honest and fair to their customers. All of Marks and Spencer’s promotions and products must be exactly how they are described and advertised. If Marks and Spencer’s fails to follow this law they could lose a lot of their customers.
Consumer Protection distant selling regulations 2000 law protects the customers that purchase their goods online. Customers must be able to cancel any of their purchase within 7 days and Marks and Spencer’s must follow this law because otherwise they will not be protecting their customers and will be selling products online illegally.