Question

Please give a short note on

Unfair trade practises followed by US



( almost 120 words) ​

Answer 1

Explanation:

For many years, China has pursued industrial policies and unfair trade practices—including dumping, discriminatory non-tariff barriers, forced technology transfer, over capacity, and industrial subsidies—that champion Chinese firms and make it impossible for many United States firms to compete on a level playing field...

Some examples of unfair trade methods are: the false representation of a good or service; false free gift or prize offers; non-compliance with manufacturing standards; false advertising; or deceptive pricing.

Answer 2

"The phrase unfair trade practices can be defined as any business practice or act that is deceptive, fraudulent, or causes injury to a consumer. These practices can include acts that are deemed unlawful, such as those that violate a consumer protection law."

"An unfair trade practice refers to that malpractice of a trader that is unethical or fraudulent. These practices cause an inconvenience or grievance to consumers."

"An unfair trade practice is defined under Section 2(1)(r) of the Consumer Protection Act, 1986. According to this definition, it is a trade practice carried out for the promotion of sale. It is the distribution or utilisation of any good or service by adopting a deceptive method or practice."

The following practices fall under unfair trade practice:

1. An oral or written statement or visible representation that:-

–" Falsely represents a good or service to be of a particular standard, quality, grade and so on."

–" Falsely represents any re-built, second-hand, reconditioned, renovated or old goods as new."

– "Represents that a good or service has sponsorship, approval, uses, benefits and so on which they do not have. The same could apply to the seller or service provider."

–" Makes a misleading or false representation regarding the need and usefulness of any good or service. "

–" Provides to the public any warranty or guarantee of the performance of the length of the life of the product. A service can be continued till deemed satisfactory."

"– Gives a misleading image of the good, service or trade like the price of the product."

"I hope I help you "

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