2.5 - Legislation

Descripción

Year 10 (Section 2) Business Studies Mapa Mental sobre 2.5 - Legislation, creado por Helen Johnson el 27/03/2018.
Helen Johnson
Mapa Mental por Helen Johnson, actualizado hace más de 1 año
Helen Johnson
Creado por Helen Johnson hace más de 6 años
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Resumen del Recurso

2.5 - Legislation
  1. Keywords
    1. Legislation

      Nota:

      • A set of rules that governs the way society operates. It is another term for laws.
      1. Consumer Laws

        Nota:

        • Laws that have been introduced to prevent business from treating their customers unfairly.
      2. Consumer rights act 2015
        1. Consumer laws are laws that have been introduced to prevent businesses from treating their customers unfairly.
          1. The consumer rights act 2015 provides consumers with protection and clear rights when buying goods and services.
            1. The act covers product quality, returning goods, replacements and delivery rights.
              1. Products sold to consumers must be of a satisfactory quality, fit for purpose and as described, e.g. gluten-free bread must be gluten-free.
                1. Goods delivered to home are protect against going missing and getting stolen.
                  1. They are also protected against late delivery.
                    1. Businesses cannot put unfair terms in contracts with customers, e.g. hidden fees for flights.
                    2. Consumer laws
                      1. Product safety
                        1. Food and safety act

                          Nota:

                          • 1990- makes it illegal to sell unsafe food that can cause illness.
                          1. Food and drug act

                            Nota:

                            • 1984- Things can and cannot be added to food and makes it illegal to make food in unclean buildings.
                            1. Consumer protection act

                              Nota:

                              • 1987- stops businesses selling dangerous products to consumers and makes them liable for any injures caused by defective products.
                            2. Product labelling
                              1. Labelling of food regulations

                                Nota:

                                • 1970- Packaging must contain a list of ingredients on the label.
                                1. Weights and Measures Act.

                                  Nota:

                                  • 1986- the weight or measure of the contents of the product should be correct and stated on the packet.
                                  1. Unfair trading regulations

                                    Nota:

                                    • 2008- Makes it illegal to give consumer incorrect information on packaging and labelling.
                                  2. sale of products
                                    1. Consumer credit act

                                      Nota:

                                      • 1974- stops businesses charging very high interest rates on loans, e.g. car loans.
                                    2. Using information
                                      1. Consumer Misuse act

                                        Nota:

                                        • 1990- prevents people looking at information stored on computers they have no right to read.
                                        1. data protection act

                                          Nota:

                                          • 1988- Controls the use of consumers' information.
                                      2. Effects of consumer law on business
                                        1. Drawbacks include increases in the cost of production, e.g. out of date food cannot be sold.
                                          1. Businesses cannot sell customer details for extra money without customer permission.
                                            1. Benefits of consumer laws include: the law creates more trust with customers so that could result in higher sales.
                                              1. Consumer laws mean all businesses have to provide safe goods so competition is fair across the market or industry.
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