While consumer laws affect everyone, many of us don’t make an effort to understand consumer protection laws. Consumer rights can sometimes be confusing, but understanding how consumer protection works is a great way to avoid legal disputes and consumer fraud.
Consumer protection doesn’t just apply to small and inexpensive products. Major purchases such as a home or car purchase are also covered by these laws. Consumer rights can be a major part of other types of legal proceedings like bankruptcy, so it’s good to know some background information in this area.
One of the main federal consumer protection laws is the Federal Trade Commission Act (FTCA). This law makes it illegal for businesses to engage in unfair business practices, mislead consumers, or make false statements. In addition to FTCA provisions, here are some legal concepts that can help you to understand how consumer protection laws work:
Legal remedies will be different for each type of consumer protection violation. For instance, a breach of warranty will usually result in a simple refund or product exchange. In comparison, injuries resulting from dangerous products often result in a damages award for the victim. Be sure to do some preliminary research or consult with an attorney if you have specific questions regarding consumer protection laws.
Last Modified: 07-14-2015 03:33 PM PDTLaw Library Disclaimer
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