What is the Fair Trading Act? How does it affect me?
The fair trading act promotes correct consumer guarantee before you buy something.
This affects me and everyone in this country as it is a law and it protects us from scammers
This affects me and everyone in this country as it is a law and it protects us from scammers
Questions
- What is the Fair Trading Act?The fair trading act promotes correct consumer guarantee before you buy something. This affects me and everyone in this country as it is a law and it protects us from scammers that say their products are not what they are.
- What is the commerce commission’s goal?
A NZ government agency that enforces legislation and prohibits people from using fake
advertising, scams and other things that may be illegal to do when trading something.
advertising, scams and other things that may be illegal to do when trading something.
- Who besides the commission is responsible for the act and can take their own legal action?
The Consumers Guarantees Act and the Fair trading act
- Who are the two types of groups the act applies to?
The consumers and the Producers
Understand your compliance obligations
- What do the acts apply to?
The acts apply the producers
- Does it only apply if you intend to deceive? Explain?
It applies to everything. It is a act that stops people from being able to deceive people
\when they sell something
\when they sell something
- Whose ‘shoes’ must the business put themselves into?
The business must put themselves into the consumers shoes and think about how their product
may or may not benefit the people
may or may not benefit the people
- What is the commission empowered to do?
The commission is empowered to “legal requirements that an organization has to
comply with and other requirements that an organization has to or chooses to comply with”
comply with and other requirements that an organization has to or chooses to comply with”
Reporting a business
1. If you need to report a business, how do you do this?
If you need to make a complaint about a business's product that you think is not up to your standards
you can make a complaint to the Commerce Commission. They can talk to the business that you have a
problem with and they can get the business sorted out.
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