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Monday 17 September 2018

Fair trading act

Questions
        
  1. What is the Fair Trading Act? Protects you from being treated unfairly by traders or shop
  1. What is the commerce commission’s goal? The Commerce commission's goal is to promote competition in the country's markets and prohibits misleading conduct by traders. The purpose of the act is to promote competition in New Zealand's economy.
  2. Who besides the commission is responsible for the act and can take their own legal action? Many organisations have responsibility for administering and enforcing particular pieces of legislation.
  3. Who are the two types of groups the act applies to?The two types of groups is Formal groups and Informal groups. Formal groups are formed consciously to directs the efforts of group members. Informal groups are those groups that get created as soon as individuals start interacting with each other.


Understand your compliance obligations

  1. What do the acts apply to?The Acts applies to everyone in trade. Fair Acts is apply to private sales. Consumer Acts is apply within a reasonable time if no time frame agreed.
  2. Whose ‘shoes’ must the business put themselves into? Putting themselves into customers shoes may make that worse.
  3. What is the commission empowered to do? The commission is empowered exist an independent organisation

Knowing your rights

It is important to know your rights because no matter how you live you need the rights to be treated fairly and these rights can protect you no matter what. Most of people know the rights, but there's still some people act so unfairly even if they know they do not have the rights to do it, that's why you need to know the rights you need to fight for your self, and you need to know the rights to make sure you're treated with respect you deserve. Knowledge of the law is so important to know to also protect you from police that abusing their power over the rights. It is also important to know the rights because you need to know that the things you're doing is right or not.


http://www.comcom.govt.nz/fair-trading/know-your-rights/
(from internet research)

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