Lecture Five - L AW 525 L aw of t he M ar ket place Class...

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LAW 525 – Law of the Marketplace Class Five Tuesday, September 30, 2008 Dr. Kernaghan Webb School of Business Management Faculty of Business Ryerson University
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Mid-term This is an open book exam There are twenty questions You have one hour Make sure you answer all the questions There are true/false, multiple choice and short answer questions Make sure your answer is clear to me: if I can’t tell what your answer is, I can’t give you credit for the right answer Please leave the tests face down until I tell you to turn them over Good luck!
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Last class -- Competition Law Competition Act – selected provisions 1 – 13 Competition Bureau fact pages: 14 - 24 What is the Competition Bureau, fair competition, types of anti competitive activities, misleading representations, marketing practices, promotional contests, performance representations, ordinary price provisions, telemarketing, abuse of dominance, mergers, refusal to deal Annual Report: 25 – 57 Bureau organizational structure, prosecutions, (immunity program, alternative case resolution, written opinions), civil provisions (enforcement actions, acr, written opinions) Scanner Price Accuracy Code: 59 – 69 Appeal Court strikes down Commissioner’s powers --- 70-72 Ordinary price provisions – recent settlements pp. 73 – 86 Sample test questions, discussion of first mid-term
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This Class – Consumer 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
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Pre-transaction phase – the phase in which products are manufactured, and packaging and labelling for products is developed and implemented Meaningful consumer choice is impeded when there are information failures (attributes of products not apparent from the product itself): E.g., is product imported or manufactured in Canada? E.g., what is the quantity of the product?
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Lecture Five - L AW 525 L aw of t he M ar ket place Class...

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