2.5.2

Question 1

What is legislation?

Answer 1

Legislation refers to laws and regulations set by the government to make businesses and consumers act in the correct manner.

Question 2

What is consumer protection? & Example

Answer 2

Sale of goods act.
(Goods must be in satisfactory condition or consumers are entitled to a full refund)

Consumer protection laws ensure consumers are treated fairly by companies they interact with.

Question 3

What is employee protection? & Example

Answer 3

National minimum wage

Employee protection is used to stop exploitation of workers

Question 4

what is the Environmental protection act?

Answer 4

Rules around disposal of waste and emissions.

Question 5

What is the competition act?

Answer 5

Restricts abuse of market power.

Question 6

What is the Health and Safety Act?

Answer 6

Businesses must operate in a way that protects mental wellbeing and physical health.