Management and Organizational Studies 2275A/B Study Guide - Signify, Caveat Emptor, Due Diligence
12 Dec 2012
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Document Summary
The contract, product and promotion 12/12/2012 9:31:00 am. Regulated by federal, provincial and municipal governments. A business selling its product internationally is also subject to the laws and regulations of other countries. Marketing law all areas of law that influence and direct the creation, promotion, pricing and distribution of goods, services or ideas. Terms relating to the product: caveat emptor let the buyer beware or let the buyer take care . The common law requires prospective purchasers to take care of themselves, to be aware of what they are buying and to investigate before buying. Sales of goods legislation in canada: specialized branch of contract law. Governed by legislation, where legislation is not relevant, governed by contract law: conditions include: The seller has the right to sell the foods. The goods will be reasonably fit for the intended purpose where the buyer, expressly or by implication, makes it known what the intended purpose is.
