Act

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Sale of Goods Act 1979 : Goods for sale must meet three conditions. 1) ‘Merchantable Quality’ ie without obvious flaws or problems . 2) Fit for the purpose they are sold for . 3) Goods must be as described. Supply of Goods & Services Act 1982 : This widens previous laws to include services as well as goods. Consumer Credit Act 1974 : Selling goods on credit (HP, loans, deferred payment) can be complicated, and this law makes sellers tell buyers clearly what is involved, especially the true cost of repayment (APR) which it is easy to disguise with clever calculations.

Transcript of Act

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Sale of Goods Act 1979: Goods for sale must meet three conditions. 1) ‘Merchantable Quality’ ie without obvious flaws or problems. 2) Fit for the purpose they are sold for. 3) Goods must be as described.

Supply of Goods & Services Act 1982: This widens previous laws to include services as well as goods.

Consumer Credit Act 1974: Selling goods on credit (HP, loans, deferred payment) can be complicated, and this law makes sellers tell buyers clearly what is involved, especially the true cost of repayment (APR) which it is easy to disguise with clever calculations.