Consumer law

Part 1 of ebook "Food safety in the hospitality industry" provide readers with content about: food legislation, consumers and the hospitality sector; European foodstuffs law and the consumer; food legislation and enforcement in EU member states; trends and developments in European food law;... Please refer to the ebook for details!

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Anti-competitive agreements have the potential to cause great harm to the interests of consumers and / or other business entities in the relevant market. The article analyzes the remaining limitations in the mechanism of handling violations and provides directions to improve the law on handling of anticompetitive agreements.

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In the long term, the OCPB may adjust to be a quasi-organization that is autonomous. Consumers should also be more aware of business fraud and learn to be more protective to eliminate some problems. If self-regulation were in place, specific legislation might not be needed, but could instead be integrated into general legislation, for example, contract and criminal law as in the USA and perhaps in Malaysia in the near future.

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Chapter 2 - Resource utilization. In this chapter, the following content will be discussed: Đefinition of economics, central fact of economics, the four economic resources, opportunity cost, full employment, full production, productive and allocative efficiency, enabling the economy to grow, the law of increasing cost.

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Chapter 11 - Classical and Keynesian economics. This chapter include objectives: Say’s law; classical equilibrium; real balance, interest rate, and foreign exchange effects; aggregate demand; aggregate supply in the long run and short run.

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Chapter 19 - Theory of consumer behavior. The main contents of this chapter include all of the following: Marginal utility, the law of diminishing returns, total utility, maximizing utility, the water-diamond paradox, consumer surplus.

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This chapter presents the following content: Fixed cost, variable cost, and total cost; marginal cost; short run and long run; shut-down and go-out-of-business decisions; average cost; graphing the AFC, AVC, ATC, and MC curves; the law of diminishing returns; economies and diseconomies of scale; the long-run planning envelope curve.

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Chapter 26 - Corporate mergers and antitrust. The main contents of this chapter include all of the following: The explanation of antitrust, major antitrust laws, modern antitrust, types of mergers, the effectiveness of antitrust, the trend toward bigness, the microsoft case.

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Chapter 4 - Demand. After studying this chapter you will be able to understand: Relate the law of demand to the cost-benefit principle, discuss how individual wants are translated into demand, explain the reasoning behind the rational spending rule and apply it to consumer decision making to show how the rule is related to substitution and income effects, discuss the relationship between the individual demand curve and the market demand curve, define and calculate consumer surplus.

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Chapter 15 - Product liability and consumer protection. After completing this chapter, students will be able to: Describe the link between social engineering and the law, explain the difference between public interest and public policy, explain the difference between negligence and strict liability,...

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Chapter 7 - Contract law (Part 1). At the end of this chapter you should be able to: describe how contracts can be classified, distinguish formal contracts from simple contracts, identify the six essential elements required to make a valid contract, explain how the law determines whether parties to a contract intend to create a legal relationship, define the term ‘offer’ and distinguish it from an ‘invitation to treat’,...

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Chapter 5 - Negotiable instruments. In this chapter you should understand: the historical origins of negotiable instruments; the difference between ‘negotiability’ and ‘assignability’; the parties to, uses for and liabilities pertaining to and processes surrounding: bills of exchange, promissory notes, cheques.

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Chapter 6 - Financial transaction reports Act 1988 (Cwlth). In this chapter you should understand: the objectives of the FTR Act and the AML/CTF Act, to whom the Acts apply, the types of transactions that must be reported, the requirements that must be met for customer identification, the penalties imposed by the Acts, the impact of the Acts on businesses and trade, the role of AUSTRAC in relation to the Acts.

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Chapter 8 - Contract law (Part 2). This chapter will cover: capacity of minors to contract; contracts for necessaries, and beneficial contracts of service, voidable contracts with respect to minors, void contracts with respect to minors,...

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Chapter 9 - Contract law (Part 3). At the end of this chapter you should understand: the tests that determine whether a statement is a term of a contract, the difference between a condition and a warranty, conditions precedent and conditions subsequent and be able to provide examples, express and implied terms,...

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Chapter 10 - Property law: mortgages, leases and licences. At the end of this chapter you should understand: the definition of the term ‘mortgage’ and the distinction between old title mortgages and Torrens system mortgages, the remedies available to a mortgagee if a mortgagor defaults, the definition of a personal property security,...

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Chapter 13 - Consumer protection legislation. At the end of this chapter you should understand: the main principles of consumer protection legislation, how the Australian Consumer Law (ACL) was enacted, the significant role the ACL plays in providing protection to consumers,...

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Chapter 16 - Debt recovery. At the end of this chapter you should understand: the steps that should be taken before deciding to grant credit to an applicant, the steps used to encourage punctual payment of debts, the steps in the debt collection process, the matters that should be considered before commencing legal proceedings,...

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Chapter 11 - Insurance law. At the end of this chapter you should understand: how a contract of insurance is made, the term ‘cover note’, the concept of insurable interest at common law and how it has been modified by the Insurance Contracts Act 1984 (Cwlth), the concept of indemnity and its operation in contracts of insurance,...

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Chapter 12 - Sale of goods. In this chapter you should understand: the main statutory and common-law rules relevant to the sale of goods; the difference between specific, unascertained and future goods; the difference between contracts for the sale of goods and agreements to sell; the definition of a contract for sale of goods;…

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