Management and Organizational Studies 2275A/B Lecture Notes - Lecture 10: Consumer Protection, Barter, Invisible Hand
Document Summary
Used to be that consumers were always burned. One of the provisions of the sales of goods act is that parties can agree for certain conditions to not be agreed upon. Business vs consumer o o o that are being bought. For consumers sga always applies unless agreed otherwise. Distinction of business/consumer is made by the purpose of the goods. Coffee maker for home or coffee maker for workplace. Consumers get more protection under the law than business"s. Contract law, assume it is fair if people enter the contract (core of. Must involve transfer of ownership of goods (and transfer of title) If you pay money with the barter, only applies to the person who o o o o o o o o. Breach of a condition gives the consumer the right to repudiation (can get o refund and sue for damages) o o o o. No scratches on tv screen o which it was intended.