Top-Rated Free Essay
Preview

How to be a wise buyer. The tricks to wise buying. How to avoid scams, and what to do if one occurs.

Satisfactory Essays
298 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
How to be a wise buyer. The tricks to wise buying. How to avoid scams, and what to do if one occurs.
In any industry there are two parties. The consumer and the seller. The Consumer is the one who is willing to buy products, where the Seller is the party willing to Sell products. The two parties are very different and some times disputes may arise between the two. The following paragraphs will explain A. What problems can arise and how to avoid these problems and B. What to do under the circumstances. This text is useful information to those who want to become a wise buyer.

Even if you are a wise buyer who follows all the steps in the previous paragraph closely, it is still possible that you may still come across, various problems over the counter. In Case study "Davey V GT Programming" the consumer (the buyer), thought she had nowhere to turn. She was angry, and was stuck with a broken computer, what could she have done. The following steps are to help people in a similar situation as the one on the previous page.

Talk to the shop attendant. Present the problem and a possible solution. If this fails ask for an appointment with the store director or manager. If you still cannot decide on solution you both agree on ring the office of fair-trading and ask their advice. If the advice given does not prove useful in coming to a resolution, lodge a complaint at the Small claims tribunal (SCT). Once you have lodged a complaint it may take a month or so before your case is heard.

The previous paragraphs contain information on, who can help with these problems, and how these problems can be avoided. This paper was written in hope that the reader will have a new awareness of the legal & business structure that plays a major role in many lives today.

You May Also Find These Documents Helpful

  • Good Essays

    Wk 5 Ia Legal Focus

    • 599 Words
    • 3 Pages

    References: Norris McLaughlin and Marcus, P.A. (n.d) Risk Controls for Dstributors /Product Sellers [PowerPoint slides]. Retrieved from http://www.nmmlaw.com.…

    • 599 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    proj 598 quizz

    • 821 Words
    • 4 Pages

    managerial approach of seller, capacity of seller to do the work, and buyer’s ability to create a WBS.…

    • 821 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Sp2750 Unit 3 Answers

    • 1989 Words
    • 8 Pages

    1. Its scope is narrow. 2. The main focus is on the transfer of ownership of the product from the seller to the buyer. 3. Selling activity start after the production of the goods and ends with the sell of the product. 4. Sellers’ satisfaction is emphasised. 5. To earn profit, sales is maximised.…

    • 1989 Words
    • 8 Pages
    Good Essays
  • Good Essays

    Clayton Antitrust Act

    • 567 Words
    • 3 Pages

    The sales were to be carried out on the condition that the buyer will not deal with or have any transaction with the competitors of the seller. Another condition was that the buyer can purchase another product, however that can be done only after the competition is lessened as a result of these acts.…

    • 567 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Bis 210 Job Fair

    • 586 Words
    • 3 Pages

    Throughout this paper we will discuss the structure business model; justification will be explained for why the elements were selected and an explanation for each element which could impact the particular business.…

    • 586 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Case Analysis SmartLook

    • 2279 Words
    • 10 Pages

    The main purpose of this case study is to critically analyze what type of selling strategy the manufacturing company will use when faced with the buying strategy of SmartLook. SmartLook is a retail company looking to place an order with our manufacturing company but in order to do so all needs to go well at our meeting with their vice president of marketing, purchasing manager, and designer so they could place a trial order with our company. The issue that arises with them wanting to place a trial order with our manufacturing company is they would like the trial order which is smaller than orders we normally take while at the same price as a large quantity order and they would like their order ready within two weeks when our company normally has orders ready in a month. SmartLook is a company that likes to buy low and sell high while my company prefers to sell high so this is another situation that we will end up having to discuss in this case study as well as the others listed previously.…

    • 2279 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    1. Price comparison to other products - When a buyer compares the price of a similar product with your product. It is important to let the buyer know that they have to compare apples to apples and then lastly look at the price. They have to look at the quality of the product compares to competitors because inferior quality product would not last long. While good quality product for which you might a little more will last much longer giving you the utility for the price. Not just quality of the product but also features and benefits like other products would not offer. The cheap product may have hidden fees or cost which may not be mentioned by the seller initially. The buyer may not be aware of the positives included in your price, such as, after sales service, longer guarantees, and the quality of your products. Buyers may compare prices by looking at misleading advertisement and marketing done by competitors it is important to look into literature and adverts when handling price objections.…

    • 1245 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    The key issues of this case are the salesperson is lack of understanding customer, lack of preparation before interview, and lack of understanding the product itself. And solutions are required to solve is problem the salesperson in order to salvage the sale.…

    • 1468 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    PART 1: LEGAL FUNDAMENTALS .............................................................................................1 SECTION 1-1: INTRODUCTION TO LAW ......................................................................................... 1 Definition and Purpose of Law......................................................................................................... 1 Business Law versus Business Ethics ........................................................................................... 2 SECTION 1-2: SOURCES OF CANADIAN LAW AND THE LEGAL SYSTEM ............................. 2 Categories of Law.............................................................................................................................. 2 Systems of Law: Civil Law and Common Law .............................................................................. 3 Sources of Law: The Constitution, Legislation, and the Courts ................................................. 4 SECTION 1-3: USING THE COURTS - AN OVERVIEW OF CIVIL PROCEDURE ...................... 9 The Court System.............................................................................................................................. 9 The Litigation Process .................................................................................................................... 11 Alternative Dispute Resolution ...................................................................................................... 15 Administrative Tribunals ................................................................................................................. 16 STUDY QUESTIONS FOR PART 1: LEGAL FUNDAMENTALS .................................................. 17 ANSWERS TO STUDY QUESTIONS FOR PART 1: LEGAL FUNDAMENTALS ...................... 19 PART 2: THE LAW OF TORTS…

    • 60912 Words
    • 244 Pages
    Satisfactory Essays
  • Better Essays

    Marketing for Health Care

    • 1131 Words
    • 5 Pages

    This paper is to explain some of the role in the Pricing Strategies and the Marketing Channels…

    • 1131 Words
    • 5 Pages
    Better Essays
  • Best Essays

    Many individuals do not understand the full significance of the terms outlined in a contract until they find themselves at the receiving end of litigation. In addition, they do not recognize that a contract can be established with as little as a verbal agreement between parties which can, as with a written contract, become the basis to award damages in the event that one or more members default on the agreement. When individuals make purchases they form contracts with the entity whose business they patronize. Formation of a contract for sale need only entail an offer and acceptance between parties and is legally binding when agreement and consideration are ascertained. The purpose of this paper is to address legal considerations one should take into account when making oral purchases in the marketplace.…

    • 2642 Words
    • 11 Pages
    Best Essays
  • Satisfactory Essays

    Disputes occurring are definitely a given in this environment. As there will be meetings on every aspect of development, the buyer’s opinion will definitely come into play. If the seller advises an alternative, it will be noted in the process documentation. If the buyer approves or denies the sellers alternative, it will also be noted and signed by both parties, so if something goes wrong, it is documented that both parties (especially the buyer) agreed to that protocol. This cuts disputes to a minimum, with a planned out agreement…

    • 314 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Business Law Case

    • 1294 Words
    • 6 Pages

    In the business world, people need to comprehend the business law and legal work that applies for all their business activities. Each decision that many industries makes must be considered from a legal point of view in order to ensure that it avoids severe lawsuits and satisfies the law. It is, especially, essential for people to understand the law applications that goes into a situation because there are many cases where there are various laws included in the matter. Because of those various laws, companies or parties are capable are able to get out of harsh punishments or consequences. For the most part, companies and people should improve in their law reasoning skills to help assist their future lawsuits and place themselves in the best…

    • 1294 Words
    • 6 Pages
    Better Essays
  • Better Essays

    Role Of Drug Enforcement

    • 1456 Words
    • 6 Pages

    Drugs are being more and more available to minors and adults. They are often illegally produced and distributed throughout the nation or foreignly. Nixon created the Drug Enforcement Agency, better known as the DEA, “during his presidency in 1976” (Garvey) to combat this criminal activity. Naturally, since under the President’s control, it is an administrative agency. Administrative agencies hold their own power and have the ability to arrest and carry out their specific task under separate guidelines. Recently, a large amount of American citizens have pressed for the federal government to turn drug enforcement power to the states against the foundations of our Constitution. These people want to let the…

    • 1456 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Adapt Script

    • 675 Words
    • 3 Pages

    This scenario involves a salesperson representing the Sales Representative of The Drapery Project (TDP) and a buyer representing Saint Louis University from the School of Accountancy and Business Management. When it comes to theatre curtains and draperies for schools and theatrical companies, The Drapery Project has been providing excellent service since 1949. With its many competitors in the market The Drapery Project’s market share of 23 percent makes the company a leader in the industry of drapery services and products. TDP’s selling efforts are organized on a basis of market types: one department sells direct to end users, and a second department sells to distributors who in turn sell to retailers of fixture, furniture and exclusive drapery shops. There is a restricted minimum order of Php 250,000.00 for Direct Sales to End Users. As a part of its new building design and campus, SLU – SABM wants to provide a better environment to learn and be comfortable inside their classrooms thus adding draperies to each room especially for rooms with built in projector and protection from too much sunlight. TDP estimates potential sales of Php 300,000 to Php 650,000. This range represents differences in both quantity and types of drapery desired. According to the Request for Proposals, funding this project is being provided through equity funds (stock). With this base level of knowledge of the buyer’s situation, the salesperson is working through ADAPT questioning sequence with the buyer in order to better identify and confirm the actual needs and expectations regarding the draperies.…

    • 675 Words
    • 3 Pages
    Good Essays