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Consumer protection and product safety include the efforts made by government, nonprofit organizations, businesses, and individuals to create, protect, and enforce the rights of consumers who buy products or services. While the idea of consumer protection is not new--there have been laws regarding uniform weights and measures since the fledging days of the United States--interest in consumer right…
The Uniform Commercial Code (UCC), which has been adopted in most states, is a comprehensive body of laws governing uniformity and fair dealing with transactions. It provides remedies and rights for both the buyer and seller. The UCC includes provisions for the sale of goods, commercial paper, bank deposits and collections, bulk transfers, investments securities, and secured transactions. Addition…
The Consumer Product Safety Commission (CPSC) was created in 1973 and is the U.S. federal government agency responsible for guaranteeing that more than 10,000 consumer products are safe for use. The CPSC creates safety standards and can ban or recall items from the marketplace that are hazardous. The commission enforces regulations such as the Flammable Fabrics Act of 1953, which governs the fire-…
In order to make informed purchases, consumers need to have accurate information regarding the product or service they are considering buying. Several federal laws require manufacturers to disclose information that potential buyers need to make purchasing decisions. For example, the Fair Packaging and Labeling Act of 1966 is responsible for ensuring that labels carry information such as the produc…
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