Deceptive Trade Forex In Massachusetts
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FAQ
Unfair Competition: The Legal Standard "Unfair methods of competition and unfair or deceptive acts or practices in the conduct of any trade or commerce are hereby declared unlawful." When it comes to disputes between businesses, the threshold for proving unfair competition is slightly higher.
Massachusetts has a statute that specifically enables the Attorney General and consumers to take legal action against unfair or deceptive conduct in the marketplace, called Massachusetts Consumer Protection law, Massachusetts General Laws Chapter 93A.
Massachusetts has a statute that specifically enables the Attorney General and consumers to take legal action against unfair or deceptive conduct in the marketplace, called Massachusetts Consumer Protection law, Massachusetts General Laws Chapter 93A.
Section 5 of the Federal Trade Commission Act (FTC Act) (15 USC 45) prohibits ''unfair or deceptive acts or practices in or affecting commerce. '' The prohibition applies to all persons engaged in commerce, including banks.
Refund, Return & Cancellation Policies Contrary to popular belief, there is no set law about return policies in Massachusetts.
An action brought to enforce the provisions of this Act shall be barred unless commenced within four years after the cause of action accrued.
State law requires you to send the business a letter 30 days before filing a claim in court. The letter must outline your complaint, the harm you suffered, and how you want the problem resolved. This is called a 30 Day Demand Letter.
If you have been targeted by an illegal business practice or scam, report it at Reportfraud.ftc.
