StudentShare solutions
Got a tricky question? Receive an answer from students like you! Try us!

Essay example - Retail Law

Only on StudentShare
Pages 4 (1004 words)
There are many laws that govern the buying and selling of products in a business. These laws specifically the rights of the consumers are outlined in various acts and laws. The most common are the misrepresentation Act of 1967, Trade Description Act of 1968, the Unfair contract Terms Act of 1977, the 1979 Sale of Goods Act, the Consumer Protection Act of 1987, the Sale and Supply of Goods Act of 1994 and the Sale and Supply of Goods to Consumers Regulations of 2002…

Extract of sample

The UK law is applicable when selling or leasing goods or services, that are used by individual consumers, family or the household uses. Retailers are prohibited from applying dishonesty, misrepresentations or falsified operations and practices. This act ensures that goods and services sold to the customer are in good condition. On the other hand this act ensures that the retailers make sure that they receive goods from manufacturers or wholesales in good condition for them to sale to the end user.
The laws in UK calls for the retail business person to affix a sign to the products sold or put a sign in a place which it can be easily be read by the buyer before he/she can purchase the product. The sign placed should be able to give details of return policy of the seller. If the seller fails to place a sign then, the consumer should be given 20 days in which he/she can return the purchase item and be fully refunded or credited back on his/her credit card. In case a buyer had paid using a cheque, then a seller may delay refunding the money for 10 days to allow the cheque to clear. This law do not apply to products which are outdated. ...
Download paper
Not exactly what you need?

Related papers

There is less clarity about their direct impact due to the wider policy freedom given to member states in transposing EU directives. Nonetheless, one should not underrate the impact of directives, and the national rules shall have to be construed in such a style that is most in harmony with the directive under reference1. Because of its own breakdown to carry out the commitments which the…
10 pages (2510 words)
Commercial law
The efficient distribution accompanied with proper after and pre-sales support makes part of pro-competitive process which ends up benefiting consumers1. However, the vertical agreements between distributors and producers may also lead to the continuation of market partitioning and act as barriers to new entrants whose presence would have intensified the market competition and resulted in a…
6 pages (1506 words)
company law assignment
Further, the text will analyze the merits and demerits of each structure. Various structure of business ventures exist in law, and it depends with the owner of the business to choose the one, which best suits his business. It is imperative to note that business structure decisions are the most significant decisions in any business set up (Boone & Kurtz 45). Though it is possible to alter the…
10 pages (2510 words)
However, the introduction of numerous statutory instruments and the principles of Judicial Interpretation place restrictions on the use of exclusion clauses. Another aspect of legal disputes in commercial contracts involve the situation where there is damage to property that belongs to one of the parties in the contract after an order is placed. There is a question of which is liable for damage.…
9 pages (2259 words)
Business Law
By definition, a contract is a pact amongst two or more individuals, and it creates a give-and-take relationship, which is recognizable by law. For a contract to gain the protection of the law, it must satisfy the element of offer, acceptance, purpose to create legal representation, and there must be a consideration. Under the element of offer, a promisor invites a promisee to a responsibility and…
5 pages (1255 words)
property law
This may require a fee payment to prove the ability. The requirements inform the authority on the types of activities they should do and give them an opportunity to come up with conditions and the limitations. The licensing process is one of the richest retail markets in the world ( Lewicki, Saunders, Minton , & Barry, 2003). However, having a license is not an instant success. It will need good…
6 pages (1506 words)