Find

Search for over 100,000 subject notes and past assignments!

Swap

You can download study resources by swapping your own or purchasing Exchange Credits.

Study

Access your library anywhere, anytime.

HSC - Higher School Certificate

See More

Document Details

Study Notes

Consumer Law HSC Notes
Page 1/17

Consumer Law HSC Notes

Legal Studies

17 Pages HSC - Higher School Certificate Year 12 Complete Study Notes Year: Pre-2017

1. The nature of consumer law 1.1. The developing need for consumer protection: • All individuals enter a wide range of commercial transactions on a daily basis. • It was only until the latter half of the 20th century where consumer rights law developed significantly • Statutory law is provided to empower consumers • Trade Practices Act 1974 (CTH) and other federal legislations do not cover small businesses, limiting their effectiveness • State governments responded by introducing their own laws to protect consumers. E.g.: Fair Trading Act 1987 (NSW) • Prior to industrialisation and the mass production of goods and services in Britain in the 18th and 19th centuries, individuals were expected to protect their own interests when buying or selling goods as governments believed it was best to adopt a laissez – faire approach; allowing parties to arrange their own transactions free of government intervention • Much emphasis on caveat emptor, “let the buyer beware”, legal concept that buyers are responsible for carefully choosing goods and services • With the increase in industrialisation, it became apparent that all goods couldn’t be physically inspected before purchase. E.g.: Advertising in magazines and newspapers where the good is unseen, and may hide defects • Became clear that consumers couldn’t adequately protect their rights E.g.: People with little education or couldn’t read were targets for businesses • 20th century, governments increasingly called upon to provide protection for consumers from unscrupulous sales practices ad to provide a check against large businesses that abused their undoubted market power • Regulation has been the most effective way to protect consumer rights and to provide remedies where required • Advances in technology and constantly changing advertising techniques guarantee that consumer law keeps adapting to meet changing circumstances • Increase of Internet for commercial transactions across national borders limits the application of domestic law


This document is 50 Exchange Credits

Studying with Academic Integrity:

Studying from past student work is an amazing way to learn and research, however you must always act with academic integrity. This document is the prior work of another student and has been made available to plagiarism detection tools. Do not copy from this work. Understand how you can responsibly use this work by visiting ‘Using Thinkswap resources correctly’.

This is a Complete Set of Study Notes

Complete Study Notes typically cover at least half a semester’s content or several topics in greater depth. They are typically greater than 20 pages in length and go into more detail when covering topics.
What are Exchange Credits?

Exchange Credits represent the worth of each document on Thinkswap. In exchange for uploading documents you will receive credits. These can then be used to checkout other documents on Thinkswap.
Thinkswap Satisfaction Guarantee

Each document purchased on Thinkswap is covered by our Satisfaction Guarantee policy. If the document is not of an acceptable quality or the document was incorrectly described or categorised, Thinkswap will provide a full refund of Exchange Credits so you can purchase another document. For more information please click here.
Claim a Subject Bounty

Has this subject changed names or been replaced? Tell us and earn free Exchange Credits.

Share:

Similar Documents

Similar documents to "Consumer Law HSC Notes" available on Thinkswap

Documents similar to "Consumer Law HSC Notes" are suggested based on similar topic fingerprints from a variety of other Thinkswap Subjects

University

High School