Competition And Consumer Law Assignment Help
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Sample Question And Solution Of Competition And Consumer Law Assignment
Competition and Consumer act in Australia
Question:
Critically analyse how the "Australian Consumer Law" affects developers selling land insofar as that law governs:
A. Misrepresentation; and
B. Unfair Contract Terms.
Solution:
Introduction:
Competition and Consumer Act, 2010[1] is the legislation in Australia, which offers protection to the consumers and also works towards promotion of competition in the nation. Schedule 2 of the Competition and Consumer Act contains the specific provisions for the protection of consumers in the nation and this Schedule is known as the Australian Consumer Law [2]. The act came into force on 01 , Read More.
List Of Some More Competition And Consumer Law Samples For Students
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Competition and Consumer Law envelopes all crucial concepts, facets, business security and consumer rights, and the different rules for consumers and industries. Competition and Consumer Law essay help online is available at MyAssignmenthelp.com in varied topics-
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- Extended Warranty
- Product Recall
- Transparency
- Price Settling
- Monopolisation
- Group Blacklist
Being a student of Law, you must be aware that different bodies are responsible for the regulation of different kinds of Competition and Consumer Law. This segment of Law deals with the set of rules and regulations, which are implemented to prevent corporate malpractices and introduce healthy and fair Competition in the market.
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Most Popular Questions Searched By Students:
Q.1: What Is Competition And Consumer Law?
Ans: The Competition and Consumer Act governs the relationships between wholesalers, suppliers, customers and retailers. The purpose of this law is to promote fair trading and competition. Thus, the bottom line is that competition and consumer law protects small businesses against the cut-throat competition out there in the market.
Competition and consumer law include the following:
- Honoring customer guarantees
- Ensuring the safety of services and products
- Ensuring that standard form contracts do not consist of unfair terms
Q.2: What is the purpose of consumer law?
Ans: The primary purpose of consumer law is to protect the interests of consumers. There were a large number of customer complaints pending in consumer courts in various parts of the world. This consumer law was developed to resolve these issues and customer grievances speedily. The basic aim of the Consumer Protection Act is to save the rights of consumers through establishing authorities for effective and timely administration.
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