0
Why do deceptive and unfair trade practice laws apply to insurance agents?
Wiki User
∙ 8y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Why do deceptive and unfair trade practice laws apply to ordinary businesses?
Deceptive and unfair laws apply to ordinary businesses in order to protect each from malicious competition. They also exist to protect consumers from being taken advantage of.
Difference between unfair trade practice and restrictive trade practice?
Unfair trade practice" as per Section 2(r) means a trade practice which, for the purpose of promoting the sale, use or supply of any goods or for the provision of any service, adopts any unfair method or unfair or deceptive practice, while "restrictive trade practice" means a trade practice which tries to manipulate the price or conditions of delivery to affect flow of supplies in the market relating to goods or services in such a manner as to impose on the consumers unjustified costs or restrictions [as per section 2(nnn)].
What has the author Colin Lockhart written?
Colin Lockhart has written: 'The law of misleading or deceptive conduct' -- subject(s): Competition, Unfair, Consumer protection, Deceptive advertising, Law and legislation, Unfair Competition
What piece of legislation outlawed unfair methods of competition and unfair or deceptive acts and practices?
Federal Trade Commission Act
What US institution is responsible for regulating deceptive and unfair marketing campaigns?
nnkljljop
Who is responsible for preventing unfair false or deceptive advertising packaging and selling of consumer products?
federal trade commission
How can a consumer protect himself or herself against unfair and deceptive sales practices?
A consumer can protect his /herself against unfair practices by seeking redress, knowing his/her consumer rights and being informed
Who wrote about unfair practice in the oil industry?
Muckrakers
What unfair business practice do cartel use?
price fixing
Why does your son have to be insured on the most expensive vehicle in the household if he dont drive it?
That's the policy of some insurance companies, some do not rate it that way. If you feel like this is unfair, I would shop around to multiple agents to get the best rate.
Who owns standard insurance?
Standard Insurance Company is Unethical, does not have morals, unfair, unfriendly, uncaring, injustice, and unrighteous.
What is the practice of being treated unfair and unequal towards a particular group?
Discrimination
