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Textbook Notes for Marketing and Consumer Studies at University of Guelph

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MCS 3040 Chapter Notes - Chapter 23: Caveat Emptor, Consumer Protection

Consumer law chapter 23 Laws affecting sales are common law principles of contract and tort law Also have statues, federally and provincially Objectives are to - Protect the parties to sale of goods transactions, mainly bu...

Marketing and Consumer Studies
MCS 3040
Joe Radocchia
MCS 3040 Chapter Notes - Chapter 22: Consumer Protection, Professional Corporation, Law Society

Business and consumer law chapter 22 Relationships and legal obligations - Professional: someone engaged in an occupation, usually governed by a professional body, requiring the exercise of knowledge, education and skills ...

Marketing and Consumer Studies
MCS 3040
Joe Radocchia
MCS 3040 Chapter Notes - Chapter 21: Consumer Protection, Fundamental Breach, Condonation

Business and consumer law chapter 21 Ending the relationship - Employer can o Dismiss, fire o Give notice of termination o Act in a way that the employment relationship becomes untenable Just cause - Employee conduct that ...

Marketing and Consumer Studies
MCS 3040
Joe Radocchia
MCS 3040 Chapter Notes - Chapter 15: Sole Proprietorship, Consumer Protection, Debenture

hcBusiness and consumer law- chapter 15 Salomon v salomon ltd. - Aron made his sole proprietorship into a corp - Made himself and 6 other family members shareholders - He was the only one with actual control, - Company shu...

Marketing and Consumer Studies
MCS 3040
Joe Radocchia
MCS 3040 Chapter Notes - Chapter 13: Consumer Protection, Secret Profit, Manulife

Business and Consumer law Chapter 13 The nature of agency - Agency: a relationship that exits when one party represents another party in the formation of legal relations - Agent: person who is authorized to act on behalf o...

Marketing and Consumer Studies
MCS 3040
Joe Radocchia
MCS 3040 Chapter Notes - Chapter 12: Qualified Privilege, False Imprisonment

BUSINESS AND CONSUMER LAW CHAPTER 12 Torts and property - Arise when the occupier of the property harms another - Occupier: someone who has some degree of control over land or buildings on that land - Can have more than on...

Marketing and Consumer Studies
MCS 3040
Joe Radocchia
MCS 3040 Chapter Notes - Chapter 11: Prima Facie, Product Liability

BUSINESS AND CONSUMER LAW CHAPTER 11 The law of negligence - Reasonable care: care that a reasonable person would exhibit in a similar situation Elements of a tort Purpose is to describe general standards or markers that h...

Marketing and Consumer Studies
MCS 3040
Joe Radocchia
MCS 3040 Chapter Notes - Chapter 10: Intentional Tort, False Imprisonment, Punitive Damages

BUSINESS AND CONSUMER LAW CHAPTER 10 TORT: any harm or injury caused by one person to another other than through breach of contract - To provide compensation for people who are injured by actions of others o Trespass to la...

Marketing and Consumer Studies
MCS 3040
Joe Radocchia
MCS 3040 Chapter Notes - Chapter 8: Consumer Protection, Unconscionability, Perjury

Business and consumer law chapter 8 - Once negotiators reach an agreement that appears to contain consensus, a contract is formed - Law focuses on enforcing the agreement to preserve integrity, reliability and predictabili...

Marketing and Consumer Studies
MCS 3040
Joe Radocchia
MCS 3040 Chapter Notes - Chapter 7: Consumer Protection, Drafter, Judicial Interpretation

Business and consumer law- chapter 7 Terms - Express terms: provision of a contract that states a promise explicitly o Only terms, not assumptions have legal weight - Judicial interpretation of express terms o Vague or amb...

Marketing and Consumer Studies
MCS 3040
Joe Radocchia
MCS 3040 Chapter Notes - Chapter 6: Standard Form Contract, Consumer Protection, Rebuttable Presumption

Business and consumer law chapter 6 Offer: a promise to perform specified acts on certain terms Invitation to treat: expression of willingness to do business Standard form contract: a take it or leave it contract, where th...

Marketing and Consumer Studies
MCS 3040
Joe Radocchia
MCS 3040 Chapter Notes - Chapter 5: Bargaining Power

BUSINESS AND CONSUMER LAW CHAPTER 5 Contract: agreement between 2 parties that is enforceable in court - Agreement: offer and acceptance of that offer, meeting of the minds - Complete: that is certain - Deliberate: both pa...

Marketing and Consumer Studies
MCS 3040
Joe Radocchia
MCS 3040 Chapter Notes - Chapter 4: Alternative Dispute Resolution, Consumer Protection, Counterclaim

Business and consumer law chapter 4 Businesses should seek, instead, to manage disputes with the express of goals of : - Avoiding time consuming and expensive litigation - Preserving desirable long term commercial relation...

Marketing and Consumer Studies
MCS 3040
Joe Radocchia
MCS 3040 Chapter Notes - Chapter 3: Enterprise Risk Management, Legal Risk, Self-Insurance

BUSINESS AND CONSUMER LAW CHAPTER 3 Legal risk: a business risk with legal implications Legal risk management plan - Enterprise risk management: process of identifying and managing all business risks - What could happen, h...

Marketing and Consumer Studies
MCS 3040
Joe Radocchia
MCS 3040 Chapter Notes - Chapter 2: Consumer Protection, Pass Laws, Procedural Law

Business and consumer law- chapter 2 Canadian legal system: machinery that comprises and regulates government - Legislative branch of gov creates law in the form of statutes and regulates - Executive branch forms and imple...

Marketing and Consumer Studies
MCS 3040
Joe Radocchia

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