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.

Business

You might also like to view...

A reward's differential refers to the uniqueness of the reward

Indicate whether the statement is true or false

Business

An organization that has a large number of management levels is said to have a wide organization structure

a. True b. False

Business