Unfair trade practice.

Unfair Trade Practice:

Definition, Object & Scope:

The object in prohibiting unfair trade practice is to bring honesty and truth in the relationship between the manufacturer and the consumer. When a problem arises as to whether a particular act can be condemned as an unfair trade practice or not, the key to the solution would be to examine whether it contains a false statement and is misleading and further what is the effect of such a representation made by the manufacturer on the common man? Does it lead a reasonable person in the position of a buyer to a wrong conclusion? Continue reading “Unfair trade practice.”