1.5.3 Legislation & Business Flashcards
1
Q
Consumer law:
A
acts of parliament that are
intended to protect customers from misleading
or dangerous practices by companies.
2
Q
Consumer rights:
A
laws that empower the
consumer to demand certain minimum
standards from every business supplier.
3
Q
Legislation:
A
laws passed by acts of parliament;
breaking these laws may result in a fi ne or even
a prison sentence.
4
Q
Red tape:
A
the term given to laws that (some
people say) tie the hands of businesspeople,
making it hard to act entrepreneurially.
5
Q
A
