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Trade Practices Of In Salt Lake
Category:
State:
Multi-State
County:
Salt Lake
Control #:
US-000289
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FAQ
The economy of Salt Lake City, Utah is primarily service-oriented. While nearby Bingham Canyon Mine (the world's largest open-pit mine) provided a strong source of income during the 19th century, the city has evolved to an economy built on transit hubs, call centers, and seasonal tourism.
Yearly Exports In 2023 the top exports of Salt Lake City, Ut were Gold in unwrought forms non-monetary ($6.83B), Other Aircraft parts ($108M), Artificial parts of the body: excluding... ($35.2M), Needles, catheters, cannulae etc, (medical) ($28.5M), and X-ray tubes ($18.2M).
Greatest Snow on Earth: Salt Lake City is known for having some of the best skiing and snowboarding in the country. Within one hours' drive from downtown, you can choose from nine world-class resorts. Olympic Legacy: Salt Lake City hosted the Winter Olympics in 2002.
Utah's Unfair Practices Act was enacted to “safeguard the public against the creation or per- petuation of monopolies and to foster and encourage competition, by prohibiting unfair and discrimi- natory practices by which fair and honest competition is destroyed or prevented.”
At its core, the Utah Unfair Competition Act is essential in protecting businesses from unfair or illegal competition. This law prohibits several types of agreements, including those that restrain trade and those that unlawfully interfere with a person's business interests.
Deceptive act or practice by supplier. A deceptive act or practice by a supplier in connection with a consumer transaction violates this chapter whether it occurs before, during, or after the transaction.
An act or practice may be found to be deceptive if there is a representation, omission, or practice that misleads or is likely to mislead a consumer. Deception is not limited to situations in which a consumer has already been misled.
The purpose of this Chapter is to prevent deceptive, misleading, and false advertising practices and forms in Utah. Section 13-11a-3 prohibits any person from advertising goods or services without the intention to sell them as advertised and such acts or practices are held unlawful.
Statutes of limitation apply in both civil and criminal cases. The statute of limitations for some cases is as short as six months, while some serious criminal offenses have no limit and can be filed at any time, even decades after the crime occurred. Most statutes of limitation range from one to eight years.