• US Legal Forms

Deceptive Trade Practices In Nevada In Riverside

State:
Multi-State
County:
Riverside
Control #:
US-000289
Format:
Word; 
Rich Text
Instant download

Description

The Deceptive Trade Practices in Nevada in Riverside form is designed to address instances of fraudulent behavior in the sale of life insurance policies. This complaint outlines the alleged misrepresentations made by insurance companies regarding 'vanishing premiums,' where the policyholder was incorrectly led to believe that no further premiums would be required post-retirement. Key features of this form include sections for detailing the parties involved, the grounds for deception, and claims for damages, both actual and punitive. Users are encouraged to fill in specific details such as names, dates, and amounts accurately, maintaining clarity to build a strong case. Attorneys, partners, and legal assistants will find this form particularly useful for initiating legal action against deceptive practices, as it facilitates a structured and legally sound presentation of grievances. It serves to protect consumers from dishonest sales tactics and ensures accountability within the insurance industry. The form also emphasizes the need for proper training and supervision of sales representatives, making it relevant for firms looking to uphold ethical standards.
Free preview
  • Preview Complaint For Negligence - Fraud and Deceptive Trade Practices in Sale of Insurance - Jury Trial Demand
  • Preview Complaint For Negligence - Fraud and Deceptive Trade Practices in Sale of Insurance - Jury Trial Demand
  • Preview Complaint For Negligence - Fraud and Deceptive Trade Practices in Sale of Insurance - Jury Trial Demand
  • Preview Complaint For Negligence - Fraud and Deceptive Trade Practices in Sale of Insurance - Jury Trial Demand

Form popularity

FAQ

A person engages in a "deceptive trade practice" when in the course of his or her business or occupation he or she knowingly: (a) Conducts the business or occupation without all required state, county or city licenses. (b) Fails to disclose a material fact in connection with the sale or lease of goods or services.

What is an Unfair Trade Practice? Any practice that involves unfair competition or deceptive acts.

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.

It is illegal in Nevada to disseminate or distribute false or misleading advertising under NRS 207.171. Being sued and/or convicted of false or misleading advertising have both civil and criminal consequences.

An act or practice is unfair where 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 ben- efits to consumers or to competition.

45(a)(1). Safe Web clarified that “unfair or deceptive acts or practices” in Section 5(a) include such acts or practices involving foreign commerce that cause or are likely to cause reasonably foreseeable injury within the United States or involve material conduct occurring within the United States. 15 U.S.C.

Find your state's consumer protection office. They can help with complaints against businesses, investigating scams and fraud, and more.

A person engages in a “deceptive trade practice” when in the course of his or her business or occupation he or she knowingly: (a) Conducts the business or occupation without all required state, county or city licenses. (b) Fails to disclose a material fact in connection with the sale or lease of goods or services.

Trusted and secure by over 3 million people of the world’s leading companies

Deceptive Trade Practices In Nevada In Riverside