What is the Fair Trading Act? How does it affect me? The fair trading act Is a company that goes against store that ,treated unfairly, rip off and misled people for the sake of becoming richer or something else. they are other company the got them covered like for example the governments agents and the stated-owned enterprises. These are the ones i find about only, most of the act in the world well in the research, dont do private sales. This affects me by showing me that if i am going to apply for something i better include the fair trading act to go all over the detail and description before i sign up or get and i can be on the safe side of the bargen.
Questions- What is the Fair Trading Act?
Is a company that you will be able to get a refund and the price and everything is fair and won’t treat you bad like if something is broken.
- What is the commerce commission’s goal?
I think that the main purpose of what they are doing is to promote competition in new Zealand economy. I
- Who besides the commission is responsible for the act and can take their own legal action?
The producers and consumers but mostly consumers.
- Who are the two types of groups the act applies to?
producers,consumers
Understand your compliance obligations
- What do the acts apply to?aggences and term aggences
- Does it only apply if you intend to deceive? Explain? No it can be anything because it's the same but not the same you know what i mean.
- Whose ‘shoes’ must the business put themselves into?
The people that they apply to, to work.
- What is the commission empowered to do?
To the poor or something or other company i think.
Reporting a business
- If you need to report a business, how do you do this?
By going to the manager and reporting or calling the government and bussione behind them.
Know your Rights
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