Laws created to protect consumers from faulty merchandise and dangerous merchandise , fraud, deceptive practices, false advertising, mail order fraud, and the enforcement of express and implied warranties
What is Consumer Protection
100
sellers who raises the price of an item with the intention of lowering the price later and claiming the lower price is a bargain
What is Deceptive Pricing
100
individual who acquires goods that are primarily intended for personal, family, or household use
What is a Consumer
100
let the buyer beware
What is Caveat emptor
100
let the seller beware
What is Caveat venditor
200
products make it difficult for the consumer to properly judge the quality of advantages and disadvantages of a product.
Why does the law protect consumers
200
false statements made by the seller that deceives the buyer.
What is Fraudulent Misrepresentations
200
Seller must ship merchandise within time period stated
How long does seller have to ship merchandise
200
Manufacturers and sellers are accountable or responsible for the products that they market
What is Product liability
200
The product was reasonably dangerous to the user
Name one thing the buyer must prove
300
gives consumers three business days to cancel most contracts made with door-to-door salespersons.
What is cooling off rule
300
ood or drug contains an ingredient that reduces its standard of quality
What is adulterated
300
When a business intentionally misleads consumers in any way, it is guilty of unfair and deceptive practice
What is unfair and deceptive practice
300
is any statement that has the effect of deceiving the buyer
What is fraudulent misrepresentation
300
Advertising a nonexistent bargain to lure customers so they can be sold more expensive items is an illegal practice
What is a bait and switch.
400
Tort of Fraud sellers deception or misbehavior
What is Tort of Fraud
400
Tort of Negligence failure of manufacturer to exercise due care over a product
What is Tort of Negligence
400
Breach of Warranty an assurance that the seller makes about the product's quality or performance
What is Breach of Warranty
400
an injured party is most likely to recover damages based on strict liability theory
What is Recovering Damages
400
Warranty statement of fact about a product's qualities or performance because they involve sales of goods, warranties are covered by the UCC
What is a Warranty
500
*Express Warranty oral, written or implied assurance of quality or promise of performance that is clearly made
What is a Express Warranty
500
Full Warranty express warranty that obligates the seller to repair or replace a defective product without cost & within a reasonable time period
What is a Full Warranty
500
any warranty less than a full warranty
What is a Limited Warranty
500
Warranty of title seller warrants that he has good title and the right to transfer goods
What is Warranty of title
500
Lemon Laws protect consumers of cehicles that have a major defects and the authorized dealership tries unsuccessfully 3 times to fix the vehicle- the consumer should then request in writing a full refund or a new vehicle