Ch. 15 Consumer Protection. Caveat Emptor = Buyer Beware Caveat Venditor = Seller Beware Consumer = user of goods for: -Personal -Family -Household.

Slides:



Advertisements
Similar presentations
Warranties, Product Liability and Consumer Law
Advertisements

“A Civil Action” Assignment (test grade) Write a 3 paragraph paper on the movie “A Civil Action” – Insert a header: Name, A Civil Action, Date – Paragraph.
Agency Law & Government. Fair Hiring Practices According to the Civil Rights Act and the American With Disabilities Act (ADA), it is illegal for employers.
 For years, smart shoppers abided by the term Caveat Emptor, or “let the buyer beware”.  However now, society demands that manufacturers be held responsible.
Sales and Consumer Issues Objective Interpret sales contracts and warranties within the rights and law of consumers. WARRANTIES AND GUARANTEES.
Contracts for the Sale of Goods & Warranties Law A.
Chapter 18 Defective Products. What are Express and Implied Warranties? Warranty -A statement about the product’s qualities or performance that the seller.
Consumer Protection Law. Unit Essential Question How does consumer protection legislation affect businesses? Bell Ringer: Hot Debate pg 258 Consumer Protection.
Chapter 15 Consumer Protection. Debate Hot Debate Hot Debate What protection does Edison have? What protection does Edison have? How should this case.
Section 15.1.
Copyright ©2006 by West Legal Studies in Business A Division of Thomson Learning Chapter 11 Product Advertising and Liability Its Legal, Ethical, and.
LAW for Business and Personal Use © 2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible.
Consumer Protection – 15.1 The Development of Consumer Protection Law –Caveat Emptor to Caveat Venditor, consumers have many more rights now. Federal and.
Youth and the Law Vocabulary List #1 1. Acceptance – One of the steps in making a contract. It takes place when one person accepts an offer made by another.
Sales Law Protection in sales. Consumer- An individual who acquires goods that are intended primarily for personal, family, or household use. Consumer-
Law for Business and Personal Use © Thomson South-Western CHAPTER 14 Consumer Protection 14-1Protection through Governmental Action 14-2Protection through.
Economics & Economic Decision Making Caveat Emptor Start working on cartoon question sheet you picked up at the door.
BB30 Business Law 6.01Summer 2013 ES 6 UNDERSTAND SALES, CONSUMER, PROPERTY, AND CYBER LAWS.
Chapter 15: Consumer Protection
CORPORATE RESPONSIBILITY IN ADVERTISING, PRODUCT SAFETY AND LIABILITY
Chapter 15 Consumer Protection. Governmental Protection Consumer – individual who acquires goods that are intended for personal use. Consumer – individual.
UT-Austin Edinburgh Summer Program 2002 Product Liability When goods cause injury, there is a question of product liability. There are three main issues.
STEPH SHAW February  10 credits  Unit co-ordinator: Steph Shaw  Lecturer: Steph Shaw  Aims: develop an understanding of the legal liabilities.
Chapter 25 Warranties McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.
Cars!. Consumer A person who buys a good or service from a seller.
Chapter 14 Consumer Protection.
Unit 8 Consumer Law. Consumerism Consumer-a person who acquires goods that are intended primarily for personal use.
Coach Johnson Understanding Business and Personal Law.
Objective Understand Sales and Consumer Laws BB30 Business Law 6.01 Summer 2013.
Consumer Responsibilities, Rights, and Protectionism BRHS Business Education.
DO NOW: ANSWER THE QUESTIONS ON YOUR DO NOW HANDOUT BASED ON YOUR KNOWLEDGE OF THE LAW A IM : H OW ARE CONSUMERS PROTECTED IN THE MARKETPLACE ?
Chapter 24 Consumer Protection and Global Product Safety.
Chapter 7 Part 2. Consumer Protection Laws A Consumer is someone who buys or leases goods, real estate, or services for personal, family, or household.
 You are protected from the sale of dangerous products.
Copyright © 2008 by West Legal Studies in Business A Division of Thomson Learning Chapter 25 Product Liability: Warranties and Torts Twomey Jennings Anderson’s.
Business Law Chapters 18 & 19. What is a warranty? A statement about the product’s qualities or performance that the seller assures the buyer is true.
What is Product Liability By Lauren Woodliff For.
Comprehensive Volume, 18 th Edition Chapter 27: Warranties and Other Product Liability Theories.
© 2004 West Legal Studies in Business, a Division of Thomson Learning 23.1 Chapter 23 Product Liability.
Chapter 27.  Goals:  Avoid undesirable effects of advertising  Understand laws and agencies that protect consumers from deceptive and misleading practices.
Chapter 3, 3.2. Created in 1914 Protects consumers from unfair business practices (esp. labels & advertising) Issues “cease and desist orders” Most cities.
Consumer Protection Understand your rights and responsibilities.
© 2010 Pearson Education, Inc., publishing as Prentice-Hall 1 CONSUMER PROTECTION AND PRODUCT SAFETY © 2010 Pearson Education, Inc., publishing as Prentice-Hall.
Business and Labor Policy. Protecting Free Trade NAFTA – North American Free Trade Agreement NAFTA – North American Free Trade Agreement Federal Subsidies.
Chapter 15 Consumer Protection and Product Liability.
Ch. 23 Section 1 The Role of Government. Private Goods, Public Goods Private Goods – are goods that when consumed by one individual cannot be consumed.
Understanding Business and Personal Law Consumer Protection Section 15.1 Consumer Protection and Product Liability Years ago, caveat emptor, which means.
Law for Business Mr. Bernstein Notes, pp Consumer Protection January 20, 2015.
14.1 Chapter 14 Internet Regulation © 2003 by West Legal Studies in Business/A Division of Thomson Learning.
Real Estate Marketing and Sales Essentials Steps for Success Dan Hamilton.
Consumer Law and Agencies Chapter 32 Section 1 Part 2.
ES 6.0 UNDERSTAND SALES, CONSUMER, PROPERTY & CYBER LAW Objective 6.01 Understand sales and consumer law BB30 Business Law 6.01 Summer 2013.
Consumer Protection Federal protection State Protection Product liability.
© 2007 Prentice Hall, Business Law, sixth edition, Henry R. Cheeseman Consumer Protection.
Prentice Hall © PowerPoint Slides to accompany The Legal Environment of Business and Online Commerce 5E, by Henry R. Cheeseman Chapter 24 Consumer.
Unit 4 Consumer and Housing Law. Contracts Vocab: Contract: Breach: Offer: Acceptance: Consideration: Do: problem 23.1 p 277.
Ch. 7 Consumer Protection. “Let the seller beware” Write this statement down and summarize what it means.
Consumer Protection. Development of Consumer Protection Laws Caveat Emptor – “let the buyer beware” Cabeat Venditor – “let the seller beware”
Its Legal, Ethical & Global Environment 6 th Ed. Its Legal, Ethical & Global Environment 6 th Ed. B U S I N E S S MARIANNE M. JENNINGS Copyright ©2003.
Business Law and the Regulation of Business Chapter 45: Consumer Protection By Richard A. Mann & Barry S. Roberts.
Ch. 26 Becoming a Smart Consumer
Chapter 15 Consumer Protection.
WARRANTIES AND GUARANTEES
CHAPTER 15 Consumer Protection
Chapter 15 Consumer Protection
Sales Contracts.
Chapter 25 PRODUCT LIABILITY: WARRANTIES AND TORTS
CONSUMER RIGHTS CIVICS CE. 13E MR. COLLINS & MRS. KOZLIK.
Sales Law Review Business Law.
Review questions: Warranties
Presentation transcript:

Ch. 15 Consumer Protection

Caveat Emptor = Buyer Beware Caveat Venditor = Seller Beware Consumer = user of goods for: -Personal -Family -Household

Consumer Protection Litigation Government Licensing Unsafe Product Enforcement False/Misleading Advertisement

Litigation Torts/Negligence Strict Liability Class Action Law Suits Used for Intended Purpose –Anticipated use

Gov’t Licensing Unfair Pricing and Service –Assumption of risk –Comparative negligence Mislabeled Warnings/Labels

Unsafe Product Enforcement Cease and Desist Restitution Recall

False and Misleading Ads Knowing untrue facts –“Puffing” Bait and Switch –Rain Check Badge Engineering Unfair Trade (free trade competition)

Unfair Trade Price Fixing Anti Trust Mislabeling (failure to warn) “New” but used…

Protection FDA CPSC (Fed) Weights and Measures Warranty –Implied –Limited –Expressed Oral or Written