LAW 525 Chapter Notes - Chapter 6: Rescission, Toronto Star, Arbitration Clause
Document Summary
Chapter 6: consumer protection act, 2002 [provincial legislation] law525. Consumer: individual acting for personal, family or household purposes and does not include a person who is acting for business purposes. Class action; prohibition on class actions invalid. A consumer may commence a proceeding on behalf of. Buyer is broader than consumer; consumer is a subset of buyer for personal/household purposes. Supplier: person in business of selling, leasing or trading in goods or services and include a supplier"s agent and person who holds themselves out as a supplier or an agent of supplier. Section 2(1): cpa applies to all consumer transactions if the consumer or person engaging in transaction with the consumer is located on ontario when transaction takes place, except those mentioned in section 2 and s. 2(3) This act does not apply in respect of: (a) consumer transc. regulated under the securities act (b) financial services related to investment product (c) financial products regulated under the insurance act.
