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Published byDarrell Welch Modified over 9 years ago
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Chapter 3, 3.2
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Created in 1914 Protects consumers from unfair business practices (esp. labels & advertising) Issues “cease and desist orders” Most cities have local office
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Created in 1972 Protects consumers from dangerous products Has power over ALL products Sets safety standards, and bans items considered hazardous Provides data to consumers about safety
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Created in 1970 Enforces laws that protect environment Ensures safe disposal of waste, sets standards for air/water quality Businesses may have to add special equipment to comply, increasing prices
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Often state requirements are more stringent than federal, and offer consumer departments at the state level
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Helps businesses gain trust of consumers Reduce risk to consumers Warranty only works if company backs it up
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FULL WARRANTYLIMITED WARRANTY Specific and written Repair/replace defective items within a specified time period (no charge) Explain how to file claim Written warranty with limitations Often has expiration of coverage Must promise solution and explain how to file claim
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Unwritten guarantee Offers you right to return even without written warranty
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