CONSUMER PROTECTION - WAYS TO PROTECT CONSUMERS

There are so many methods to ensure that consumers derives satisfaction in the goods they consume and are protected from unscription producers/sellers from exploitating them. A consumer is defined as someone who acquires goods or services for direct use or ownership rather than for resale or use in production and manufacturing.

THE NEED TO PROTECT CONSUMERS

. To ensure that consumers have maximum satisfaction from the goods they consume.

. Ensuring that the goods he buys does not deteriorate the health of the the consumer.

. It ensures that the satisfaction the consumer derives from consuming the goods is equal to the money he invested in it.

. Consumer protection is necessary to ensure that food offered for sale does not contain dangerous chemicals,addictive and the goods does not have any side effect.

. Consumers are protected against who may like the prices of the product making it difficult for the consumers to afford them.

. Ensure that consumers get the types of goods and services needed.

Consumers protection consist of laws and organisations designed to ensure the rights of consumers as well as trade of competition and the free flow of truthful information and services in the market place. The law are designed to prevent business that engage in fraud.

LAWS THAT PROTECT CONSUMERS

The laws protecting consumers are based on countries or continents inwhich the laws are practiced. A country might have it own rules of protecting a consumer from fraud,theft,loss,bankruptcy e.t.c

The first known legislation to protect the right of the consumer is the SALES OF GOODS ACT. The law was made in England in 1893. this law is practiced in england and many countries in Africa and other continents around the globe practice this law.

The law states out the right and duties of both the buyer and the seller. The following are the provision of the sales of goods act to protect consumers.

1. whenever the seller promised the buyer that a goods will perform incertain ways, the buyer is entitled to the fulfilment of that promise. And if the did not acheive the quality or derive anything from the product as promised by the seller, the buyer has the right to sue the seller and the buyer will be indemnify of loss posed on him by the seller.

2. The buyer is entitled to insist the product he receives should conform with the description of the product which form parts or basic of sales.

3. There should be proper and good labeling of food meant for sales.

4. It educates the consumer of drug abuse.

5. It requires drug manufacture professionals to test the quality,safety and effectiveness of goods before marketing.

6. It prohibit sales of unfit goods and misleading description and nutritional value and quality of food.

Consumers Credit Act (United Kingdom)1974.

It protects consumers and sellers inrespect of credit sales. It prohibits high interest rates.

Price Control.

The price control board was established to fix prices on consumer goods. Seller forbiding from selling higher than the fixed prices, the price control board is longer in operation.

RENT EDICT.

This is the official orders set by authorities amongst land lord's and their agent in the adminstration of tenancy agreement.

Consumer protection law was set out for guiding consumers. Its a way of preventing fraud and scams from almagamated hoodlums in disguise of organisations or businesses services and sale contracts, bill collector regulation,consolidation.pricing utility turnoffs,personal loan that may lead to bankruptcy.