legislation

Question 1

consumer law

Answer 1

acts of parliament -intended to protect customers from misleading or dangerous practices by companies

Question 2

consumer rights

Answer 2

laws that empower the consumer to demand certain minmium standards form every business supplier

Question 3

legislation

Answer 3

laws passed by acts of parliament;breaking these laws may results in a fine or even a prison sentence

Question 4

red tape

Answer 4

term given to laws that -tie hands of business people, making it hard to act entrepreneurially

Question 5

main 3 areas of legislation that affect businesses

Answer 5

1Employment law​
2Consumer protection​
3Competition law​

Question 6

two main roles of legislation

Answer 6

Ensure the treatment of employees is fair an un-discriminatory​

Protect investors, creditors and consumers​

Question 7

employment law

Answer 7

aimed at protecting the health, safety and rights of employees​

Question 8

Consumer law​

Answer 8

aimed at making sure that businesses act fairly towards their consumers

Question 9

Competition Law​

Answer 9

aims to ensure that fair competition takes place in each industry

Question 10

Impact on firms​

Answer 10

business breaks any consumers laws it can be faced with the cost and inconvenience of refunds to the customer or the repair of an item​