Consumer Protection Essay Examples

consumer protection. For instance, the patent and trademark policies protect inventions from malicious competition (Kitching et al., 142). Also, government price-fixing ensures that consumers are not exploited by businesses. Conclusion In any business, the market players are businesses and consumers. As such, the government plays a critical role by acting as an independent regulator in the market. Therefore, government regulation is very important since it helps create fairness in competition as well as protecting consumers. Work Cited Kitching, John, Mark Hart, and Nick Wilson. "Burden or benefit? Regulation as a dynamic influence on small business performance." International Small Business...

consumer protection for various consumer credit products (Federal Register, 2017). These rules will focus on payday, vehicle titles, as well as certain high-cost installment loans. These three methods will enable employees to access loans based on their capacity to pay. The rules are presented to the workers to that they can raise any inquiries or identify the areas that need clarification. The company’s management expects employees to observe the rules and to follow these regulations. The primary aim of this rule is to establish a formal and efficient method of issuing loans to employees at our investment firm. Point #2: Benefits and Desired Outcome of the Policy With the establishment of this...

consumer protection rights are involved The delegation would mean that either party had the power or authority to transfer a certain responsibility in the given contract. On the other hand, assignment means that either party had the power to transfer all the contract license and duties to another third party. This means that the third party would receive all the payments for the conduction of the contract. If Validay decided to assign its contract to another filmmaker, then this means that it had indeed terminated its contract with AKC fully and it was not liable for any damages that happened ever. Specific performance could not be awarded to Validay since they were not in contract with AKC anymore....

Consumer Protection Act and immediately signed by President Barrack Obama. The act worked to do away with the office of the Thrift Supervision and bestow more influence to the Federal Reserve to control all the large institutions of finances. Also, this act established a more influential consumer financial protection responsibility for the Federal Reserve by the formation of Bureau of Consumer Financial Protection. In essence, the new laws reduced the power of the banks to control financial matters and gave the powers to the government to ensure the banks act in the interest of the consumers and not in their interest. References Blinder, A. S. (2013). After the Music Stopped: The Financial Crisis,...