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Yr 9
Consumer and Financial Decisions
Legal Rights and Responsibilities of Consumers
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Cards (5)
Basic Rights:
Safe
Products (with directions and have been properly tested for
quality
)
Accurate
product information and
description
Full
disclosure
of the terms of
sale
Consumer guarantees and warranties are
honoured
(e.g entitled to an
exchange
).
Responsibilities:
Paying the correct amount
Purchasing
goods
/
services
from ethical and legal sources
Using products in an
environmentally friendly
manner
Accepting the
risk
that comes with
purchasing
something
'Caveat
Emptor' -
'let the buyer beware'
The Competition and Consumer Act
2010
provides
consumer gurantees
on certain goods and services.
False or misleading Advertising:
Small
fine print
Distortion
in before and after images
non-existent
tests and surveys
Country
of Origin
Misleading
packaging