Consumer Protection Act Flashcards
CPA
Negative Impacts of CPA
Consumers can abuse their
rights and to send goods
unnecessary back
Businesses can lose their
competitive advantage by
sharing classified information.
Positive Impact of CPA
National Consumer
Commission (NCC) allows
disputes to be resolved.
Protect businesses from
dishonest competitors who
exploit consumers.
Purpose of CPA
Promote responsible consumer
behavior and consumer
protection.
Compliance with CPA
Allow a 5-day cooling-off
period in the sales
agreement.
Disclose sales prices and
display the business name on
all business documentation
Punitive Measures for CPA
The business license can be
revoked.
May be required to pay
interest or damages
Discriminatory Conduct/Acts against CPA
Charging different prices for the
same goods and refusing to
provide information to
customers.