protecting consumers in the United States disallow unfair‚ deceptive and anti-competitive business practices. Despite significant legislative differences from one state to another‚ a major premise is that deceptive and unfair business practices are unethical and inappropriate (Cartewr‚ 2009). These laws constitute critical legal underpinnings for ethical business practices and fair treatment of consumers in the market (Nickels & McHugh‚ 2013). An important law is the Federal Trade Commission Act. The
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Client is a consumer under sec.2 (1)(d)(ii) of CPA. The term ’service’ is defined under sec 2 (1)(0). "Service" means service of any description which is made available to potential users and includes‚ but not limited to‚ the provision of facilities in connection with banking‚ financing insurance‚ transport‚ processing‚ supply of electrical or other energy‚ board or lodging or both‚ housing construction‚ entertainment‚ amusement or the purveying of news or other information‚ but does not include
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Are consumers really protected? According to the FTC (Federal Trade Commission)‚ they “Empowers consumers with free information to help them exercise their rights and spot and avoid fraud and deception”. http://www.ftc.gov/bcp/. Consumer protection policies can’t be designed based only on what policymakers think consumers need. They must be grounded in the reality of consumers’ lives‚ based on solid research that shows how people really act and interact with their financial
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Accountancy: SEC fields 3‚000 whistleblower complaints in 12 months I chose to review an article pertaining to the success of the new whistleblower program in the SEC. This program was enacted in as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010‚ PL 111-203. This piece of legislation was pushed through congress and approved as part of the President’s initiative to clean up Wall Street. According to the article 3‚001 tips were reported to the SEC pertaining to apparent wrong
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Debtors The Fair Debt Collection Practices Act‚ often referred to as the "FDCPA"‚ was passed by Congress due to the massive disputes and complaints in regards to abusive behaviors by collection agencies‚ and concern that the abuses were the cause of an increase in the number of filings of personal bankruptcies. The purpose of the Act is to provide guidelines for collection agencies which are seeking to collect genuine debts‚ while additionally providing protection and certain remedies for debtors. The
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• Legal Requirements Consumer Law: Businesses need to make sure that their marketing activities are within the law. The European Union has made the consumer protection act so much stronger over the years. The businesses must be able to keep up with the constant changes with the law and landmark just in case the activities they are currently doing are now illegal. If Apple does this to their business‚ they would have to pay fines (costs vary between how serious the activity has become) to suffer
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THE LAW Lecture 11 Consumer Protection This week Consumer Protection • Consumer Law - the statutory provisions: Unconscionable conduct Misleading or deceptive conduct False representations • Defences • Remedies • No refunds © 2013 The University of New South Wales Sydney 2052 Australia The original material prepared for this guide is copyright. Apart from fair dealing for the purposes of private study‚ research‚ criticism or review‚ as permitted under the Copyright Act‚ no part may be reproduced
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In this assignment the author will discuss the organisational and legal requirements when planning a funeral service. The beginning part will be the basic issues that need to be made when holding an event and then the legal requirements will be mentioned that should take place when holding this event. Holding an event is a very rewarding exercise provided everything runs according to plan. However things can go wrong and the consequences to the event organiser can be very serious. Events that are
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Republic Act No. 7394 THE CONSUMER ACT OF THE PHILIPPINES Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled: ARTICLE 1. Short Title - This act shall be known as the "Consumer Act of the Philippines". ARTICLE 2. Declaration of Basic Policy -It is the policy of the State to protect the interest of the consumer‚ promote his general welfare and to establish standards of conduct for business and industry. Towards this end‚ the State shall implement
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it is advisable for them to register their design for better protection although failing to do so will not render their design being unprotected as discussed
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