Product Safety Consumer Protection Deceptive Marketing Ppt Download 3 consumer protection free market argument: critics: consumers get the product safety for which they are willing to pay critics: free market argument is false: free market argument assumes consumers have full and perfect product information consumers don’t have full and perfect product information, especially concerning product hazards. Shahrukh usmani. this document discusses businesses' responsibilities toward consumers regarding product safety and marketing. it covers: 1) consumer rights like protection from harmful products and adequate information versus seller rights to design price products. 2) issues with packaging, labeling, pricing that can mislead consumers.
Product Safety Consumer Protection Deceptive Marketing Chapter 4 We think you have liked this presentation. if you wish to download it, please recommend it to your friends in any social system. share buttons are a little bit lower. Problems with due care theory • does not limit what producer must spend to eliminate risk. • does not indicate who should pay for product injuries that cannot be foreseen. • puts manufacturer in paternalistic position of deciding how much risk is best for consumers. 12. Product liability reform proposals 1) set up uniform federal standards for determining liability. 2) shift the burden of proving liability to consumers. 3) eliminate some bases for liability claims. 4) require the loser to pay the legal costs of the winner. 5) limit punitive damages. Consumer product safety act. consumer product safety act. enacted in 1972 national law (used also for international items) amended in 2008. by: julia pikula. functions: the function of the cpsa is to develop safety standards and to issue recalls if products are considered bad for ones health. 475 views • 3 slides.
Product Safety Consumer Protection Deceptive Marketing Ppt Download Product liability reform proposals 1) set up uniform federal standards for determining liability. 2) shift the burden of proving liability to consumers. 3) eliminate some bases for liability claims. 4) require the loser to pay the legal costs of the winner. 5) limit punitive damages. Consumer product safety act. consumer product safety act. enacted in 1972 national law (used also for international items) amended in 2008. by: julia pikula. functions: the function of the cpsa is to develop safety standards and to issue recalls if products are considered bad for ones health. 475 views • 3 slides. Misleading representations and deceptive marketing practices. it is against the law for businesses and individuals to advertise or market goods and services to canadians in a way that is false or misleading. false or misleading marketing practices can: harm consumers. harm businesses engaging in honest practices. 25 1 chapter 44 consumer protection and product safety. economics year in review. market economy – economic system in which the people, rather than the government, own the resources and run the business mixed.
Product Safety Consumer Protection Deceptive Marketing Ppt Download Misleading representations and deceptive marketing practices. it is against the law for businesses and individuals to advertise or market goods and services to canadians in a way that is false or misleading. false or misleading marketing practices can: harm consumers. harm businesses engaging in honest practices. 25 1 chapter 44 consumer protection and product safety. economics year in review. market economy – economic system in which the people, rather than the government, own the resources and run the business mixed.
Product Safety Consumer Protection Deceptive Marketing Ppt Download
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