Saturday, February 22, 2020

Trade and Consumer Protection Law-Unfair Trade Practices Essay

Trade and Consumer Protection Law-Unfair Trade Practices - Essay Example She was also promised class travel by "Gold Class" bus and ferry, along with excellent local guides who could enlighten her about the sites. Additionally, she was compelled to purchase an extra package of 'Lord of the Rings Experience' for $550. She also paid $2000 for single room accommodation. But her tour was a disappointing one due to the following reasons: (a) The information of rescheduling of the Air New Zealand flight was suppressed by Haka Travel Agency, and was not revealed to her, which made her lose 1 night and 1 day of her tour package against the 12 nights and 13 days' tour. This means she was subjected to a pecuniary loss equal to the cost of 1night and 1day. (e) There was also a hidden charge for the "Lord of the Rings' experience. She was forced to pay an extra $150 to the tour guide to see it. And the show was a swindling and lacked the promised entertainment Any advertisement published either in print media or even through other propaganda which involves a customer and product/service provider /corporation /company /government, is a contract between the advertiser and the person/group/company when the latter takes the service of the provider. If the service is not provided as per the advertisement, even the public can sue or take legal proceedings against the advertiser for public interest. If the service is not provided as per the advertisement it amounts to breach of contract and as such there arises a legal issue of breach of contract. In the issue stated and based on the problem the customer can sue against the travel agency. But as per Australian law, the breach of contract is not a criminal case. Here the travel agency has suppressed several facts like their in competency in providing services as they promised in their advertisement. And so she is subjected to pecuniary loss due to their shortages and untimely and unevenly provision of services. Issues of the case: This was the

Thursday, February 6, 2020

Inflation Essay Example | Topics and Well Written Essays - 1500 words - 2

Inflation - Essay Example increasing reliability on the use of technology to estimate future plans, widespread awareness of the economic decision making processes, readily available literature on risk management in business and much advanced, organized and computerized methodologies to ensure solid business-monitoring, projects today are incurring heavy financial losses. And the situation is same throughout the world. If we draw an analysis of the trends of the past and present, it would apparently seem that the modern-world businessmen are far immature and less educated in business as compared to so called â€Å"experts† of the past. It appears that development in the science and technology has generated an awareness that has adversely affected the practical world. Things are happening in an unexpected way. This proves that something bigger, not much considered / studied, is controlling business in the international scenario, and that is â€Å"inflation†. Inflation is majorly responsible for th e jammed projects, lessened GDPs, suppressed business, increased loans and this has resulted in aggravating poverty, famine and various other evils in the educationally rich and knowledgeable societies of the modern world. It is the byproduct of inflation that we see people possessing bigger sums than what their forefathers had possessed in their times, still modern-age people are poorer than their forefathers. Inflation as the name suggests, means to expand in volume and decrease in density / value, just like a balloon would expand when air is pumped in it. Apparently it seems bigger when inflated than the size it had been originally, but it becomes light enough to float in the air as compared to the uninflated balloon-material. Likewise, money has increased in amount manifolds, yet it has lost its worth. In other words, the â€Å"purchasing power† of money is lost. According to Park (2007), p-544, inflation means a rise in the price of an object with the passage of time or in other words the amount