Consumer Contracts Assignment Help

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Basic concepts of consumer contracts

A consumer contract is a legally binding instrument between the consumer and the service provider it creates a legal obligation on part of the seller to protect the interest of the consumer. A consumer trader relationship is based on a set of legally binding obligations on both parties which they have to follow otherwise it would be a breach of contract. There are various elements to a consumer contract some of them are discussed below.

• Consumer Protection- It is one of the main aims of any consumer law is to protect the interest of the consumer and protect them from being exploited by the traders. Consumer contracts have to be developed on the same lines.
• There are various elements to a consumer contract:

OFFER

Offer in consumer contracts means a consumer who is willing to buy goods acts in a way that constitutes an offer. For ex- taking goods places on the shelf, online purchase, verbal offer

ACCEPTANCE

There should be a valid acceptance on part of the seller in form of confirmation accepting the offer made by the consumer.

CONSIDERATION

No contract is complete without a valid consideration in consumer contract consideration is generally money paid for the services.

INTENTION

Intention of the parties to legally enter into the contract and create a legally binding obligation is essential to consumer contracts.

LEGAL CAPACITY

The person should have a legal capacity to enter into contracts to create a binding obligation in consumer contracts.

BREACH OF CONTRACT

When any party fails to fulfill its obligation i.e the seller fails to deliver the goods or service or the consumer fails to pay it is considered as a breach of contract and makes the affected party entitled foe monetary compensation or any other legal remedy which compensates the affected party.

INVITATION TO TREAT

The display of a product in a shop or online is a mere invitation to the consumers and not an offer. The service provider can deny selling the goods on display as it will not be considered an offer.

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The governing law is the national law of the area where those resources are getting affected. The resources are generally remaining the subject matter of the national control of the respective country. The controlling states also have the power to in some circumstances to persuade the regulation of discrete forms for resources that are affecting. Natural resources laws in many states have been marked by so many intricacies that have grown out of struggles between the regional and central governments. The statute of the act directs the government to behave in a certain manner or private and government behavior. The protection of natural resources is very important for that the natural resource law subject is a very important part of the law.

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