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Deceptive Trade For In Middlesex
Category:
State:
Multi-State
County:
Middlesex
Control #:
US-000289
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Word;
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FAQ
Unfair trade practices are practices that grossly deviate from good commercial conduct and are contrary to good faith and fair dealing.
An act is unfair when it meets the following criteria: It causes or is likely to cause substantial injury to consumers. It cannot be reasonably avoided by consumers. It is not outweighed by countervailing benefits to consumers or to the competition.
Providing false or misleading information (including information that is true but is presented in a misleading way) where the overall presentation is deceptive (even if the information it contains is true) marketing that creates, or is likely to create, confusion with competitors' products.
The phrase unfair trade practices can be defined as any business practice or act that is deceptive, fraudulent, or causes injury to a consumer. These practices can include acts that are deemed unlawful, such as those that violate a consumer protection law.
Examples of deceptive trade practices in this area include making false statements, omitting important details, and advertising unavailable goods or services. While many companies exaggerate the benefits of their products, it is unlawful to completely fabricate information.
An act or practice is unfair when it (1) causes or is likely to cause substantial injury to consumers, (2) cannot be reasonably avoided by consumers, and (3) is not outweighed by countervailing benefits to consumers or to competition.
Deceptive Practices An act or practice is deceptive when it meets the following criteria: A representation, omission, or practice misleads or is likely to mislead the consumer. A consumer's interpretation of the representation, omission, or practice is considered reasonable under the circumstances.
For example, in the construction industry, it is a trade practice to use certain specifications for the size, thickness, and quality of building materials. These specifications are commonly accepted and used by all businesses in the industry, ensuring consistency and quality in the final product.