will use abuse this power and cheat and steal from consumers to make money. Because of this‚ the government regulates the behaviour of businesses to have a market economy that functions properly. These laws mainly protect consumers against; misleading/deceptive representations‚ unconscionable conduct‚ unfair contracts‚ and unsafe goods and/or services. To protect consumers‚ different legal and non-legal approaches have been taken. Statutory protections by the government‚ like the Australian Consumer
Premium Law Consumer Business
I don’t think that advertisements are outright misleading‚ but they are often meant to be deceptive. There are regulatory bodies in most western countries that are present to protect consumers from misleading advertisements. Companies that do promote products in an overtly misleading way face stiff penalties or lawsuits. As such‚ many firms are extra careful to protect themselves from potential legal action. For example‚ cereal boxes that portray an illustration of the contents inside will
Premium Advertising Propaganda Deception
Chapter 2 Donoghue v Stevenson p.45 Donoghue found a snail in the ginger beer and got shocked. She sued Stevenson‚ the manufacture. Manufacturer owed a duty of care to customers. Neighbour test.Grant v Australian Knitting Mills p.48 Dr Grant suffered dermatitis because of the sulphites on the surface of the underwear manufactured by AKM. AKM owed a duty of care in the production of the underwear not to cause injury to Grant. McPhersons v Eaton p.49 Eaton died from the exposure to asbestos
Premium Contract Tort
Definition It is any fraudulent‚ deceptive‚ or dishonest trade practice that is prohibited by statute‚ regulation‚ or the Common Law. Unfair Trade Practice is to use various deceptive‚ fraudulent or unethical methods to obtain business. Unfair trade practices include misrepresentation‚ false advertising‚ tied selling and other acts that are declared unlawful by statute. It can also be referred to as deceptive trade practices. Purpose The law of unfair competition serves five purposes. *
Premium Consumer protection Law Consumer
substandard services -Fair Trading Act 1986 -Creates liability for unfair trade practices. Fair Trading Act 1986 -General scheme of the Act: -The fair trading act prohibits certain conduct by persons who are in trade. It covers misleading and deceptive conduct‚ false representations and other unfair trade practices. -Long Title of the Act: "An Act to prohibit certain product and practices in trade‚ to provide for the disclosure of consumer information relating to the supply of the goods
Premium Contract Criminal law Privacy law
advertiser in the print media‚ including magazines and newspapers‚ and the largest advertiser on the billboards. I agree with Weiss in her essay about McDonald’s and Old Spice Man. I agree because I think that a lot of advertisement’s can be very misleading. The essay that I am writing about supports her many views because it tells about how advertising can be deceiving to consumers. As a consumer in a world of constant advertising messages being flashed before my eyes‚ I am always wary of the truth
Free Advertising Tobacco advertising
Ethical Aspects of Marketing Developing a Business Plan August 4‚ 2009 Ethical Aspects of Marketing Executive Summary This report outlines the social‚ ethical and legal aspects of marketing. Environmentally Responsible Products Consumers have become more aware of the impact of both production and consumption on the wider environment in recent years. This is acutely apparent in the way products are now packaged. During recent years many companies have assisted in doing their part for the environment
Premium Marketing Consumer protection Ethics
Americans‚ veterans‚ college students‚ or financially distressed consumers. When a credit union’s representation conveys more than one meaning to a reasonable member of the “target audience‚” one of which is untrue or false‚ the representation is deceptive. One recent CFPB consent order that clearly
Premium Balance sheet Generally Accepted Accounting Principles Debt
Brief Kraft‚ Inc. v. Federal Trade Commissio Plaintiff/Appellant: Federal Trade Commission (FTC) Defendant/Appellee: Kraft Inc. History: Federal Trade Commission instituted a deceptive advertising proceeding against Kraft Inc. Kraft was instructed to terminate certain ads due to false advertising. Facts: In March 1987‚ Kraft added a subscript on the television commercial and as a footnote in the print media version‚ the disclosure that “one ¾ ounces slice has 70% of the calcium of five ounces
Premium Marketing Kraft Foods United States
Texas‚ who concluded that the cars were rigged and subsequently charged Volvo with consumer fraud. Although engineers in their research determined that the Volvo car could withstand the weight of a five ton truck and that the advertisement was not misleading‚ the Volvo car company quickly settled the lawsuit‚ reimbursed the state of Texas for its legal fees and investigation expenses. As well they ran corrective ads in which the company stated they were ignorant of the alterations made to the vehicle
Premium Deception Fraud Ethics