Describe Mexico's Federal Consumer Protection Act of 1975
What will be an ideal response?
In Mexico, the Federal Consumer Protection Act of 1975 (FCPA) was modeled in large part after several U.S. statutes. Some provisions dealing with advertising include the "principle of truthfulness" between customers and merchants. Labeling instructions must be clear as to content. There must be warnings on all advertised products, as well as truthfulness in advertising on radio and television. In addition to advertising, the FCPA covers areas such as warranties, consumer credit disclosure, and unconscionable clauses in contracts. Both private parties and the federal attorney general for consumer affairs may bring actions in courts of law. With the advent of NAFTA, the FCPA has become more important as the United States, Canada, and Mexico seek to bring some uniformity to their consumer protection laws.
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In providing rewards for a frequency program, a variable ratio reward schedule is superior to regularly scheduled rewards
Indicate whether the statement is true or false
In a normal two-person conversation, at least 60 percent of the social meaning is expressed verbally.
Answer the following statement true (T) or false (F)
The more variable the firm's cash flows from operating activities, the more risk that the firm will not have sufficient cash to meet the required payments. Failure to meet these obligations can result in
a. default. b. creditor intervention in the management of the firm. c. regulatory intervention in the management of the firm. d. bankruptcy. e. All of these answer choices are correct.
Which of the following statements is True?
a. The combined total of labor and overhead is called prime cost. b. The combined total of material and labor is called conversion cost. c. The combined total of material and overhead is called period cost. d. Statements a, b and c are all false.