Resolving conflict in the marketplace Flashcards
Contract?
A legally binding agreement between two or more parties.
Elements of a valid contract?
Agreement, Intention. capacity, consent, consideration, legality of purpose, legality of form.
Termination of a contract?
- Performance: when both sides complete their side of the contract
- Agreement: When both parties agree to end even if the purpose of
the contract is not complete. - Frustration: Contract ends when an unforeseen event occurs.
- Breach: When one party breaks their side of the contract.
Non-Legislative methods to solve consumer conflict.
- Negotiation, 2. Writing a Letter of Complaint and 3. Assistance from a Third Party.
Negotiation?
If a consumer is unhappy with a good they purchased , they should:
1. Return to the retailer with a proof of address e.g reciept.
2. Ask to speak to a manager and state the problem.
3. Tell the retailer how they want it to be resolved>
Writing a Letter of Complaint?
If a consumer is unable to speak or visit a retailer they should send an email and should:
1. Outline the problem with the good or service.
2. Explain how they would like it to be resolved.
3. Include copies of any proof of purchase.
Legislative methods to solve consumer conflict.
- Sale of goods and supply of services act 1980, 2. Consumer Protection act 2007,
- CCPC, 4. Ombudsman and 5. Small Claims Procedure.
Rights of consumer when purchasing a good?
- Must be of merchantable quality.
- Goods must be fit for purpose.
- Goods must be as described.
- Goods should match the sample shown.
Rights of consumers when purchasing a service?
- The supplier is qualified and skilled for the job.
- The supplier provides the service with proper care and diligence.
- The materials used are fit for purpose.
- Goods provided for part of service must be of merchantable quality.
Remedies for breach of the Act?
- Refund: If the fault is a major one e.g a washing machine doesn’t wash clothes they
are entitled to a refund. - Repair: If the consumer used the item for some time and then discovered the fault,
they are repaired to a repair free of charge. - Replacement: If the seller is unable to repair they get a new item similar price and
quality.
Retailers Responsibility?
The consumer enters a contract with the retailer when buying a good or service and if there is a problem he is responsible to resolve the issue.
Guarantees?
Some manufactures may give a written guarantee to consumers, which states that they will repair or replace a faulty good within a certain time limit.
Second hand goods?
Goods must be fit for purpose but consumer cant expect it to be of new quality.
Inertia selling
This refers to goods that are sent to someone with a demand for payment, even though the person did not buy them(illegal).
Competition and Consumer Protection
The CCPC is and independent body that enforces competition and consumer protection law in Ireland.