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Published byMitchell Perkins Modified over 9 years ago
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Ch. 15 Consumer Protection
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Caveat Emptor = Buyer Beware Caveat Venditor = Seller Beware Consumer = user of goods for: -Personal -Family -Household
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Consumer Protection Litigation Government Licensing Unsafe Product Enforcement False/Misleading Advertisement
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Litigation Torts/Negligence Strict Liability Class Action Law Suits Used for Intended Purpose –Anticipated use
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Gov’t Licensing Unfair Pricing and Service –Assumption of risk –Comparative negligence Mislabeled Warnings/Labels
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Unsafe Product Enforcement Cease and Desist Restitution Recall
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False and Misleading Ads Knowing untrue facts –“Puffing” Bait and Switch –Rain Check Badge Engineering Unfair Trade (free trade competition)
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Unfair Trade Price Fixing Anti Trust Mislabeling (failure to warn) “New” but used…
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Protection FDA CPSC (Fed) Weights and Measures Warranty –Implied –Limited –Expressed Oral or Written
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