Government Policy - Consumer Protection Flashcards
1
Q
What is the Aim of Consumer Protection?
A
Protect the customer from dishonest businesses
2
Q
What is the “Sale of Goods Legislation?”
A
Sets conditions for Products:
Various laws that cover how goods & services can be sold, must meet these 3:
-Prod should be Fit for purpose
-Should match its description
-Should be of satisfactory quality
(Legislation - the process of making or enacting laws)
3
Q
What does fit for purpose mean?
A
Product has to do the job it was designed for.
4
Q
What does match its description mean?
A
- It’s illegal for a retailer to give a false description of something being sold:
- Inc Size, Quantity, Materials its made from & its properties
5
Q
What does satisfactory quality mean?
A
- Should be well made
- Shouldn’t cause other problems for buyer, eg very noisy fridge
6
Q
How do consumer protection laws affect businesses?
A
- They have to be very careful when selling products & services
- If prods don’t meet the legal requirements, customers can ask for their money back, a repair or replacement
- This costs bus money & harms its reputation
- There could be legal problems