Chapter 23: Consumer Rights and Responsibilities

Similar documents
Consumer Rights and Responsibilities. Chapter 23

WHAT S AHEAD 3.1 Consumer Rights and Responsibilities 3.2 Government and Consumer Protection 3.3 Deception and Fraud 3.4 Resolve Consumer Problems

Consumers in the Global Economy

Marketing/Advertising. Marketing Impacts Society

Principles of Business & Finance Understand principles of marketing.

CHAPTER. Being a Responsible Citizen

Economics Chapter 8 Competition and Markets

Chapter 7 Market Structures

CHAPTER 8: SECTION 1 A Perfectly Competitive Market

Unit 8 Pricing. Chapter 25 Price Planning Chapter 26 Pricing Strategies Chapter 27 Pricing Math

Economics Chapter 8 Competition and Markets

Chapter 11: CURRENT ISSUES IN MARKETING. Chapter 11: Strategic Leadership

COMPETITIVE MARKET & CONSUMERS. Assoc. Prof. Dr Nuraisyah Chua Abdullah Faculty of Law, UiTM Shah Alam

This refund policy relates solely products and services and specifically excludes donations where a tax-deductible receipt has been issued.

Dana-Nicoleta Lascu Kenneth E. Clow

The reforms, which came into effect on 1 January 2011, also changed the title of the TPA to the Competition and Consumer Act 2010.

Protecting Your Money

Accounting for Merchandising Operations

Chapter 5 Consumer protection

Accounting for Merchandising Operations

1. It is essential for any understanding of the Act to know what is a market and what is competition. These terms are difficult to define.

Personal Finance Unit 1 Chapter Glencoe/McGraw-Hill

Chapter 7 Notes 20. Chapter 7 Vocab Practice 32. Be An Entrepreneur 30. Chapter 8 Notes 20. Cooperative Business Notes 20

Chapter 22 Making Consumer Decisions

Product and Merchandise are synonymous

W W W. S U S TA I N A B L E P U R C H A S I N G. O R G

ANTITRUST COMPLIANCE POLICY

I deal with Bills of Lading..

I deal with Bills of Lading

Succeeding in Our Economic System


COMPETITION AND CONSUMER PROTECTION COVERAGE AS OF 1 FEBRUARY 2018

GACE Business Education Assessment Test I (042) Curriculum Crosswalk


ECON MACROECONOMIC PRINCIPLES Instructor: Dr. Juergen Jung Towson University. J.Jung Chapter Introduction Towson University 1 / 69

Customer Charter. Our Commitment to you

Objective: What conditions must exist for perfect competition? What are barriers to entry and how do they affect the marketplace?

Chapter 3-Your Purchasing Power. Section 3-3 Getting More for Your Money

ADVERTISING TERMS AND CONDITIONS

Chapter 5: Merchandising Operations and the Multiple-Step Income Statement

Frequently Asked Questions: Collective Bargaining The Basics

City of Winston-Salem 2007 Citizen Satisfaction Survey

Negotiating for Success The Three B s

Perfect Competition Chapter 7 Section 1

COMPETITION AND CONSUMER PROTECTION COVERAGE AS OF AUGUST 2018

Our price commitment

LAW OF MONGOLIA ON PROHIBITING UNFAIR COMPETITION

Terms of Trade GENERAL SELLER S OBLIGATIONS. Terms of Trade web-parts.com, 7. March is owned by


Chapter 14. Labor Law. Statutory Basis. Coming Together on Issues 1/12/2009. Employment Law for Business, 6 th ed.

Process Returns in VOTW

Website :

For the Sale of Supply

Chapter 7:2 Forming Monopolies:

Price Planning. Marketing 2

Introduction. Learning Objectives. Chapter 28. Regulation and Antitrust Policy in a Globalized Economy

Government and Industry: Tools for Today s Decision Makers, 4/e By Paul Keat and Philip Young

Rights & Responsibilities of the Consumer

Speaker: Vice President of Sales and Marketing, RV Group, who spoke the morning after the product planning manager for motorized products.

Introduction. Learning Objectives. Chapter 28. Regulation and Antitrust Policy in a Globalized Economy

World Federation of Direct Selling Associations

Labor Management Relationship

2, 1 EE CONOMIC SYSTEMS

In cooperation with: Consumers Association of Bangladesh (CAB) & Government of Bangladesh

Optimising your Procurement and Pricing of External Legal Services Workshop

PMI CONSUMER PRIVACY NOTICE

Consumer Law Classroom Notes

DACHSER CODE OF CONDUCT. Dachser Corporate Compliance Integrity in Logistics

HSC Business Studies Notes Core 2: MARKETING

Types of Unions. Craft or Trade Unions. Industrial Unions. Workers who perform the same kind of work. All workers in the same industry

MARKETING GUIDELINES FOR ELECTRONIC RETAILERS

Accounting 101 Class Notes Chapter 4 Accounting for Merchandising Operations

INTERNATIONAL DIGITAL PUBLISHING FORUM ANTITRUST COMPLIANCE POLICY AND GUIDELINES

Antitrust Compliance Guidelines. Approved by the PODS Board of Directors April 21, 2011

Oligopoly. Quantity Price(per year) 0 $120 2,000 $100 4,000 $80 6,000 $60 8,000 $40 10,000 $20 12,000 $0

Helping you avoid disputes and chargebacks.

Helping you avoid disputes and chargebacks.

OVERCOMING BARRIERS TO ENERGY EFFICIENCY AT JOHN A. LOGAN COLLEGE

Introduction. Learning Objectives. Chapter 25. Monopoly

CE.11 The student will demonstrate knowledge of how economic decisions are made in the marketplace by

Veoneer - Business Conduct and Ethics for Suppliers

Gates Industrial Corporation plc Global Antitrust and Fair Competition Principles

Consumer Rights. Chapter 5 of NCERT Understanding Economic Development for Class x10learning.com

2623 Grand Blvd., Suite 201, Holiday, FL (727)

COMPETITION AND MARKETS BEFORE YOU BEGIN. Market Structures. Looking at the Chapter. Date Period. Chapter

AP&S Ethics Seminar Presentation May 10,2012. Truth in Ethics: Law v. Ethics. By John A. Tarantino and Katy A. Hynes

GUIDE TO COMPETITION LAW FEBRUARY 2014

SAP Online Knowledge Products (OKP) Rapid Deployment Solutions

Hive Video Playback Membership Terms and Conditions

The importance of these laws and the serious consequences of violating them make it crucial for you to understand how they

Chapter 1 Introduction to Pricing Techniques

National Judicial Academy National Conference for Newly Elevated High Court Justices

March Dear PRSSA members:

This paper is not to be removed from the Examination Halls

welded steel PIPE Nipple price sheet

Teva Supplier Code of Conduct

CHAPTER 13 Antitrust Laws A detailed analysis of the antitrust law implications of the target company's activities is not required in every acquisitio

Aligning equality and procurement goals

- pure monopoly: only one seller of a good/service with no close substitutes

Peikko s Code of Conduct. Committed to Ethical Business Practices

Transcription:

Chapter 23: Consumer Rights and Responsibilities Unit 8: Buying Goods and Services

Section 23.1 Consumer Rights Section Objective: Describe seven protections that are included in the Consumer Bill of Rights.

The Consumer Bill of Rights consumer rights- protections included in the Consumer Bill of Rights consumer movement- movement to pass laws protecting consumers from unfair and unsafe business practices 1962, President John F Kennedy: The Consumer Bill of Rights The Right to Be Informed Right to receive accurate information, businesses are required to provide certain details about their products, companies provide this information through product labeling. The Right to Choose US has a market economy, wide variety of goods and services, competition provides choices, the federal gov t has power to break up monopolies with antitrust laws The Right to Safety product liability is the legal responsibility that manufacturers have to make a safe product, enforced by the US Consumer Product Safety Commission

The Consumer Bill of Rights The Right to Be Heard You have the right to let the company know that you are not pleased with their product or service, businesses rely on customer satisfaction The Right to Have Problems Corrected usually if a customer takes a defective item back to a store with a receipt, the business will replace it or issue a refund; if the business doesn t fix, contact the manufacturer and then the gov t if that doesn t work The Right to Consumer Education You should know how to get the best value and satisfaction for your money, avoid bait-and-switch tactics when a buyer is tempted to buy an advertised bargain but are then persuaded to buy a more expensive item instead. The Right to Service have a right to be treated in a respectful and courteous manner, right to expect prompt delivery that meet the standard of quality a business claims, right to be served without discrimination based upon race, gender, income, or age.

Section 23.2 Consumer Responsibilities Section Objective: Describe the responsibilities of consumers.

Your Responsibilities as a Consumer The Responsibility to Be Informed know what you are buying, read the fact sheets from the US Consumer Product Safety Commission, read consumer magazines The Responsibility to Choose Carefully examine the options and prices and then make an educated choice choices that affect the environment- avoid things that contribute to pollution, the contamination of air, water, and land; conservation is the process of preserving, protecting, and planning the management of resources, be aware of certain resources and adjust their consumption accordingly; recycling involves collecting products for processing so that they can be used again. The Responsibility to Use Products Safely follow the instructions provided, if you know a product i s unsafe, contact the seller or producer about it; if no action is taken, contact a consumer protection agency.

Your Responsibilities as a Consumer The Responsibility to Speak Out let a company know if they are dissatisfied with its products or policies, report unfair, unsafe, and illegal business practices, if you object to a company s policies, you can boycott (refuse to buy its goods or services). The Responsibility to Seek a Remedy If you plan to exchange an item or get a refund, you must bring back the item, the receipt, and any warranties or guarantees that came with it. The Responsibility to Learn Consumer Skills Find information to help you make consumer decisions. Read information on labels and packages. Compare prices at different stores, and look for sales. Pay attention to the media to become aware of illegal practices. Read consumer information publications. Attend classes or workshops on consumer issues and problems.