Understanding Consumer Legislation

Level: Undergraduate | Grade: 2:1 | Approx. Word Count: 1,058

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Overview

This report has been prepared at the request of Just4tech Ltd, an online and mail order retailer that sells electrical test and component goods direct to the public. It provides a brief overview of the current legislation related to consumer contract and protection.

In the UK, the law of contract is defined within the Sale and Supply of Goods Act (HMSO 1994), and is defined in a manner which provides protection for both parties to the contract, these being the purchaser (buyer) and supplier (seller). Once an agreement to terms and conditions for the purchase of goods has been reached between the seller and buyer (Just4tech), and both parties have signified acceptance, a legally binding contract exists. This contract will define the quantity of goods being sold to Just4tech and the price that been agreed for each unit sold.