your computer. Consumer Protection from Unfair Trading Regulations, 2008 The Consumer Protection from Unfair Trading Regulations gives consumers security from unfair or confusing trading practices and it also bans confusing omissions and forceful sales techniques. The term unfair is defined when a commercial practice falls below the standards of skills and it’s also when it affects the consumers ability to make a right decision on whether or not to buy a specific product. Consumer Credit Act 1974
The idea behind responsive regulation is that many components should be taken into account before different approaches are required, for example, the context and conducts of those that have to be regulated as well as the culture of that trader. The responsive regulation model also acknowledges the need for all enforcement strategies to be practical and appropriate to the context. The method was described in The Medical Journal of Australia as “soft words before hard words, and carrots before sticks”
problematic issues to consumers, which could cost up to £3.3 billion according to the research of Consumer Focus in UK in 2009 . The misleading and aggressive selling not only undermine the fairness of competition between businesses but primarily also damage consumer’s interests and confidence, importantly, restrain the development of EU internal market. However, the level in consumer protection among EU is fragmented as the great divergence between Member States’ legal systems. Thus, Unfair Commercial Practices
This essay will examine key aspects of the recent implementation of the Australian Consumer Law (ACL) 2011, which is the largest overhaul in Consumer Law in Australia in the past twenty five years. The ACL replaces 20 existing State and Territory laws into one national law , the legislation was enacted in two main parts as Schedule 2 of the renamed Trade Practices Act 1974 (Cth) (TPA) - Competition and Consumer Act 2010 (Cth) (CCA) . Aforementioned this essay it will outline the key benefits of
SEC. The SEC has four units; corporate finance, trading and markets, investment management, and enforcement, oversees U.S. securities markets and enforces laws related to securities. Its primary goal is to protect investors by promoting transparency. Congress has given them the ability to file civil charges for violations. They set policy, license stock exchanges, and oversee credit rating agencies. It was established in the wake of the Great Depression and stock market crash of 1929. FDIC. The FDIC
finance industry more transparent for American consumers. It does so by regulating consumer financial protection laws, ending unfair and deceptive practices, and promoting financial education, among other things (Bianco). Considering the scope of the financial services market, this gives the CFPB authority over a wide variety of firms, including nonbank mortgage-related firms, student lenders, payday lenders, consumer banks, and any large consumer financial institution it deems necessary (Murphy
Passing off derives from the common law action deceit which is the civil action for fraudulent misrepresentation. Passing off is a non-statutory cause of action that has developed over the years through case law and has changed considerably overtime. Passing off came into existence long before trademarks became registerable and has always been available at common law for marks refused registration, not registered or ineligible for
right or wrong behavior in marketing and in this essay I am going to discuss whether companies should practice ethical marketing. Human rights are a growing trend in today 's society and it is important for a company to take into consideration consumer rights when promoting and selling
government for maintaining the quiet consistent tax policy over the certain years, for some, persistent taxes are also relevant than lower taxes. One unusual omission was the 2013 extension of the 12.5% value added tax (VAT) to supermarket and huge trading houses. Foreign investors not qualifying for board of investment incentives such as tax and exchange control discharge or privilege are liable to pay taxes on corporate profit, dividends, and remittances of profits. They are also liable to pay a VAT
Introduction WTS Travel & Tours is a company that originate from Singapore, the company was incorporated in the year of 1989 with the authorization from the Singapore Tourism Board that specializes in Global Tour Packages, Air ticketing, Worldwide hotel reservations, Coach chartering, MICE (Meetings, Incentives, Conferencing, Exhibitions) and Cruises . WTS Travel & Tours have since gained over more than a decade of knowledge in managing GIT (Group Incentive Tours) and Meetings, Conventions, Conferences
was looking for more opportunities for international enlargement. This opportunities have been presented in light of relatively recent political events. First of all, encouragement of free trading blocks. As stated by Lynch (2003) government is highly interested in promotion of easier trade in order to benefit from globalization. So the expansion of European Union presented many opportunities for Tesco's international plans. A good example would be the acceptance of 10 new countries of Western and Eastern