Lecture 6 - LAW 525 Law of the Marketplace Class Six Tuesday October 7 2008 Dr Kernaghan Webb Department of Law and Business Ted Rogers School of

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LAW 525 – Law of the Marketplace Class Six Tuesday, October 7, 2008 Dr. Kernaghan Webb Department of Law and Business Ted Rogers School of Management Ryerson University
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Last Class First Mid-Term Test Consumer Packaging and Labelling Act What is consumer packaging and labelling law? What level of government is responsible for its administration? What sorts of business activity is affected by the law? What are the consequences of non-compliance? What sort of risk management practices can businesses apply to consumer packaging/labelling issues?
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This Week: Review first Mid-term test Ontario Consumer Protection Act, 2002 (CPA) What is the Ontario Consumer Protection Act, 2002? Does it overlap with federal protections? What sorts of business activity is affected by the law? What are the consequences of non-compliance? What sort of risk management practices can businesses apply to issues involving Ontario Consumer Protection Act, 2002?
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Background, CPA, 2002 CPA consolidates six existing consumer protection laws: Business Practices Act, Consumer Protection Act, Consumer Protection Bureau Act, Loan Brokers Act, Motor Vehicle Repair Act, and Prepaid Services Act Administered by Ontario Ministry of Government Services
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Key Parts of Ont CPA, 2002 Rights and Warranties, ss. 6 – 13 Unfair practices, ss. 14 – 18 Future Performance Agreements, ss. 22 – 26 Time Share Agreements, ss. 27 – 28 Personal Development Services, ss. 29 – 35 Internet/Remote agreements, ss. 37 – 47 Repairs, ss. 55 – 59
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Definitions, CPA 2002 Consumer – individual acting for personal, family or household purposes and does not include a person who is acting for business purposes Consumer agreement – agreement between supplier and consumer in which supplier agrees to supply goods or services for payment Consumer transaction – any act of conducting business with a consumer
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More definitions, CPA, 2002 Future performance agreement – agreement in which delivery, performance or payment in full is not made when the parties enter the agreement Representation – means a …statement… that is or purports to be, made…with a view to supplying …. .or ….receiving payment for goods or services Supplier – means a person who is in the business of selling…and includes an agent
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This note was uploaded on 03/15/2010 for the course BUSINESS MGT200 taught by Professor Manjuris during the Spring '08 term at Ryerson.

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Lecture 6 - LAW 525 Law of the Marketplace Class Six Tuesday October 7 2008 Dr Kernaghan Webb Department of Law and Business Ted Rogers School of

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