Cards (17)

  • What is the purpose of legislation in business?
    To regulate businesses and protect consumers
  • What does consumer law protect consumers from?
    Poor-quality products and dishonest practices
  • What are the two main pieces of legislation for consumer rights in the UK?
    The Consumer Rights Act (2015) and Consumer Protection Act (1987)
  • What does the Consumer Rights Act (2015) cover?
    Transactions between sellers and buyers
  • What must goods be described as according to the Consumer Rights Act?
    Accurately, fit for purpose, and satisfactory quality
  • What is a 'good' in consumer law?
    A product that can be touched
  • What are the minimum standards for services under consumer law?
    Care, skill, binding information, reasonable time, reasonable price
  • What is the time frame for returning a product for a full refund?
    30 days of taking ownership
  • What happens if a fault develops within the first six months?
    The fault is presumed to be present at ownership
  • What must a consumer do after 30 days if a product is faulty?
    Give the business one chance to repair or replace
  • What is the delivery time frame for goods?
    Usually within 30 days
  • What does the Consumer Protection Act (1987) ensure?
    Products are safe and businesses are liable
  • Who is considered a producer under the Consumer Protection Act?
    An individual or company putting their name on a product
  • What right does the Consumer Protection Act give to individuals?
    The right to claim against producers for damage
  • What are the key principles of consumer law regarding goods and services?
    • Goods must be accurately described
    • Goods must be fit for purpose
    • Goods must be of satisfactory quality
    • Services must be provided with reasonable care and skill
    • Services must be provided in a reasonable time
    • Services must be provided for a reasonable price
  • What are the consumer rights regarding returns and refunds?
    • Full refund within 30 days for faulty products
    • Presumption of fault within the first six months
    • One opportunity for repair or replacement after 30 days
    • Right to cancel purchase if delivery fails within 30 days
  • How do the Consumer Rights Act and Consumer Protection Act differ in focus?
    • Consumer Rights Act: Focuses on transactions and product quality
    • Consumer Protection Act: Focuses on product safety and producer liability