fair trading act Flashcards
what does the fair trading act cover
all advertising and selling of goods or services by people in trade
what does the the fair trading act not cover
it does not cover privet salles
what does the fair trading act prohibit
misleading and deceptive conduct
false representation
unfair practises
what is the definition of misleading or deceptive conduct what is the definition of false representation
what is the definition of unfair trading practise
1the information you receive about the good or service gives you a false impression
2when the information about the good or service is not true
3 selling methods witch is misleading or unfair
what is a rain check
what is puffery
a retailer can offer a rain check this means the the shop will get more of the product they ran out of or a similar product of slimiar quality and value and sell it to you at the advertised price
give three examples of misleading or deceptive conduct
Advertisements not fully disclosing the full details of goods or services.
Not telling you something when you asked them and they asked them and they know the answers.
Giving a false impression about a good or service by the advertisement.
give examples of unfair trading practices
Offering gifts/prises without intending to supply them.
Bait advertising.
Misleading claims.
Pyramidal schemes.
Accepting payment without intention of supplying the goos or services.