Karteikarten
Ch. 2 - Resolving Conflict in the Marketplace [Definitions]
Karten in diesem Stapel (18)
- 1ContractA legally binding agreement that can be enforced in a court of law.
- 2The Law of ContractSets out the rules for proving when a contract exists and when a contract is terminated.
- 3ConsiderationWhat each party offers the other as evidence of their agreement.
- 4Intention to ContractMeans that the parties in the contract must have intended to create a legally binding contract that could end up in court if not fulfilled.
- 5Consent to ContractMeans that each party must give genuine agreement of their own free will to the making of the contract.
- 6CapacityMeans that the people agreeing to the contract must have the legal right to do so.
- 7Legality of formMeans that certain contracts must be drawn up in writing beforethey can become legally binding.
- 8Legality of PurposeMeans that for a contract to be legally binding, it must be for a legal purpose and not involve committing any crime or breaking any law.
- 9Termination of a ContractMeans it can no longer be legally enforced.
- 10ConditionAn essential element of a contract.
- 11WarrantyA non-essential element of a contract.
- 12Caveat EmptorA legal term meaning 'let the buyer beware'.
- 13The Sale of Goods and Supply of Services Act 1980 sets out...1) The legal rights of consumers when they purchase goods.
2) The legal responsibilities of retailers to consumers.
3) The legal remedies available. - 14Merchantable QualityMeans that goods sold to consumers must be reasonably durable, even if they are sale items.
- 15The Consumer Protection Act 2007The law that protects consumers from unfair business-to-consumer commercial practices. The act bans practices that are unfair, misleading, or aggressive towards consumers, and are likely to impair a consumers' choice.
- 16The National Consumer AgencyThe State agency that promotes consumers' awareness of their legal rights and ensures that consumer legislation is obeyed by businesses.
- 17The Consumers Association of IrelandA non-commercial organisation set up to protect and promote the interests of consumers.
- 18Small Claims CourtProvides an inexpensive, fast, and easy way for consumers to resolve disputes without the need to employ a solicitor.
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- Leaving Certificate Business (Ch. 2 - Resolving Conflict in the Marketplace) Karteikarten am Ch. 2 - Resolving Conflict in the Marketplace [Definitions], erstellt von amanda.acton am 26/01/2014.
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