ipl-logo

Unfair Trade Practice Research Paper

1513 Words7 Pages

1.1 Unfair Trade Practices- Brief Background
The term Unfair Trade Practice (UTP) broadly refers to any fraudulent, deceptive or dishonest trade practice; or business misrepresentation of the products or services that are being sold; which is prohibited by a statute or has been recognised as actionable under law by a judgement of the court. However, the term does not have a universal standard definition.
Misrepresentations can be about any characteristic of a good or service, real or imagined. Consequently laws prohibiting unfair trade practices often include a general provision and more specific provisions addressing some of the more common types of misrepresentations.
Unfair trade practices encompass a broad array of torts, all of which …show more content…

¬ To analysis the social, economic and legal framework in place to deal with unfair trade practice in India and Globally.
¬ To highlight the challenges being faced in India in relation to such unfair trade practices.
¬ To suggests way forward and highlighting effective measures.
1.4 Scope of study:-
¬ Determining the relevant policy and regulations and implementation challenges in reference unfair trade practices.
¬ Provide recommendations on how unfair trade practices can efficiently addressed through the appropriate enforcement policy.

1.5 Hypothesis:- Under the present study, this is to explore and to test the effectiveness of laws and legislation enforced to curtail the unfair trade practices in India and abroad along with an analysis to test as to whether the current laws and regulation are effective enough to protect a consumer against prevalent ill practices of market.

1.6 Survey of Literature:- In the word of Walter R. Brag (2002), “The literature in any field forms the foundation upon which all future work will be built”. Without knowing the past we cannot do some new work in a subject, it is very necessary that we should know the past of that …show more content…

The basic concepts and definitions have been examined in general terms in the context of established legal principles and also their applied version. The book deals with different kinds of consumer goods and services and analyses them subject wise on the basis of decisions delivered by the National Commission and State Commissions. Some practical notes have also been provided for guidance: how different District Forums are to be approached for the purpose of filing complaints and appeals and for getting the orders

Show More
Related

  • Case Study Of Nafta Traders V Quinn

    299 Words  | 2 Pages

    1. Case Cite: [Nafta Traders, Inc. v. Quinn, 339 S.W.3d 84 (Tex. 2011)] 2. Facts: In Nafta Traders, an employee sued her employer for sex discrimination in violation of state law. The dispute was sent to arbitration, where the employee prevailed. The employer demanded the award in court, disputing that it has damages that were either not allowed or for which there was no evidence.

    Read More

  • Mccloy V New South Lewis Case Study

    1379 Words  | 6 Pages

    The relevant sections were enacted for the legitimate end of preventing the reality and perception of undue influence and corruption of the government, and ensuring equality from a political standpoint. This, they maintained, preserved and enhanced the constitutionally prescribed system of

    Read More

  • Rhetorical Analysis Of Pathos By Ravisankar

    176 Words  | 1 Pages

    He also appeals to Ethos by attacking the ethics of these big brand companies. In this essay, Ravisankar addresses the main argument against his thesis the idea that it would hurt third-world’s economy .He refuses this argument by saying that gives no excuse to give works

    Read More

  • California 3 Strikes Summary

    1014 Words  | 5 Pages

    The author also finds out that the application of the law raises questions on the proportionality in which it is applied, particularly to petty theft cases. Because of the lack of clarity in which the law can be applied, legislatures and citizens have the right to redefine the law and its

    Read More

  • Importance Of Utilitarianism In Marketing To Children

    1312 Words  | 6 Pages

    INTRODUCTION In this assignment, I will discuss the ethical issues in marketing to children from a utilitarianism perspective. Marketing to children can be defined as the “act of marketing or advertising products or services to children”. There have been controversies surrounding the issue of marketing to children with regard to whether it is ethical or unethical. Utilitarianism on the other hand is defined as the ethical theory which finds the basis of moral distinctions in the utility of actions (their fitness to produce happiness).

    Read More

  • Sherman Antitrust Act Essay

    733 Words  | 3 Pages

    The old Sherman Antitrust Act would have its legacy still applied on nowadays economy. First of all, the concepts trust

    Read More

  • Dbq Essay On Tyranny

    565 Words  | 3 Pages

    Document A declares that the central government is allowed to regulate trade, conduct

    Read More

  • Sweatshops Impact On Society

    1825 Words  | 8 Pages

    How have sweatshops benefitted society or caused harm to it? This research paper will identify and analyse the significance of sweatshops, reasons for its prevalence and compare its positive and negative impacts on society. Literature review A sweatshop is a term for a workplace that violates local or international labour laws, such as providing workers with atrocious working conditions and minimal compensation (New World Encyclopedia, 2008).

    Read More

  • Timothy Egan The Worst Hard Time Analysis

    783 Words  | 4 Pages

    A person’s relationship with history is very much like their relationship with brussel sprouts: you either love ‘em or you hate ‘em, with most people identifying with the latter. As we are told countless times, history is important because if we forget it, we are doomed to repeat it. It is a logical claim, for how can someone learn and move forward if they do not reflect and fix their mistakes? History, however, has a tendency to be boring, a never-ending waterfall of dates and names that can only be learned through mind-numbing memorization. Is this truly the only way, however?

    Read More

  • Case Study Of Len Bias V. Advantage International

    3169 Words  | 13 Pages

    Bias v. Advantage International Upon the completion of Len Bias’s collegiate basketball career at the University of Maryland, Bias on April 7, 1986, reached an agreement with Advantage International who consented to counsel and maintain his affairs. The Advantage representative who was assigned to his case was A. Lee Fentress. The Boston Celtics picked Bias on June 17, 1986, in the first round of the National Basketball Association draft. Then, two days later on the morning of June 19, 1986, unfortunately Bias died of a cocaine overdose.

    Read More

  • Effects Of Consumerism On Poverty

    1361 Words  | 6 Pages

    According to Varul (2008) the notion of ‘ethical consumerism’ seems to be a contradiction in terms, since market and morality are commonly viewed as stark opposites with morality being sought in the contestation of certain goods’ commodity status and in the blocking of certain exchanges. What is new in the phenomenon of market society, a phenomenon that has been observed over the last 30 years, is the emergence of consumption as a criterion for the quality of life and as a sign of the demand for it. Moreover, society has become in our time a society that governs and evaluates its members, including the ability to consume. Without legislation regulating the market, people’s choices will be

    Read More

  • Sweatshops Research Paper

    1269 Words  | 6 Pages

    It will further elaborate on the ongoing debate about what role laws and regulations should take on the growing issue of sweatshops and child labor, and how they can be improved on without disabling the poverty-stricken foreign workers, who may rely on this type of work to support their families. The proceeding essay will take on the cause and effects as well as a few pros and cons of sweatshops in the United States regarding the beginning of sweatshops and the effects on people involved. A few of the main ideas will include contributors that began sweatshops and how it has evolved, why laws and regulations were implemented and if they’re making a difference or not, as well as the pros and cons that come along with the

    Read More

  • Pepsico Political Factors

    724 Words  | 3 Pages

    POLITICAL Political factors can often give a big impact on the business of a company. Often this factor is not in the hand of the organization. Several aspects of government policies can make a huge difference. However, all firls are required to follow the law. It is the responsibility of the organization to find how upcoming legislations can affect their activities.

    Read More

  • Advantages And Disadvantages Of A Humanistic Approach To The Study Of Law

    1163 Words  | 5 Pages

    As the law have definite rules and abstracts, the application of such rules and structure can be ineffectively applied which requires the ultimate result to reach. In addition, such structures are difficult to be applied in every situation and thus, it is important to understand the situation and the means of structure where it can provide the complete solution to the problem. It also involves the articulation of complex facts which are also tricky to understand. Advantages – it provides the understanding to view the person as an active agent and also promotes the idea of self-responsibility. The humanistic approach also enables the professional to work on the subjective experiences of an individual.

    Read More

  • Effects Of Gender Inequality In Education

    1808 Words  | 8 Pages

    Introduction This essay will discuss how gender inequality in education affects economic growth of a country. Gender inequality can be defined as unequal treatment and opportunities based on gender. The gender inequality in education is one of the most serious global issues that affect economic growth. There are studies revealing that only 39% of countries provide both genders with equal access to education. This shows that there are countries where women and men are not treated equally.

    Read More

More about Unfair Trade Practice Research Paper

Open Document