legal and ethical characteristics of retailing
TRANSCRIPT
![Page 1: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/1.jpg)
Legal and Ethical Aspects of Retailing
![Page 2: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/2.jpg)
Laws Impacting Retailers
![Page 3: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/3.jpg)
Laws Impacting Retailers
• Antitrust - Sherman Antitrust Act
![Page 4: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/4.jpg)
Laws Impacting Retailers
• Antitrust - Sherman Antitrust Act
• Restraint of Trade - Robinson-Patman Act (does not allow different pricing to retailers; however, allows volume discounts)
![Page 5: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/5.jpg)
Laws Impacting Retailers
• Antitrust - Sherman Antitrust Act
• Restraint of Trade - Robinson-Patman Act (does not allow different pricing to retailers; however, allows volume discounts)
• Unfair Trade - Federal Trade Commission Act
![Page 6: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/6.jpg)
Laws Impacting Retailers
• Antitrust - Sherman Antitrust Act• Restraint of Trade - Robinson-
Patman Act (does not allow different pricing to retailers; however, allows volume discounts)
• Unfair Trade - Federal Trade Commission Act
• Labor Laws - Civil Rights Act; Fair Labor Standards Act
![Page 7: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/7.jpg)
Laws Impacting Retailers
• Antitrust - Sherman Antitrust Act• Restraint of Trade - Robinson-
Patman Act (does not allow different pricing to retailers; however, allows volume discounts)
• Unfair Trade - Federal Trade Commission Act
• Labor Laws - Civil Rights Act; Fair Labor Standards Act
• State Sales Tax Laws
![Page 8: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/8.jpg)
Laws Impacting Retailers
• Antitrust - Sherman Antitrust Act• Restraint of Trade - Robinson-Patman
Act (does not allow different pricing to retailers; however, allows volume discounts)
• Unfair Trade - Federal Trade Commission Act
• Labor Laws - Civil Rights Act; Fair Labor Standards Act
• State Sales Tax Laws• Zoning Ordinances
![Page 9: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/9.jpg)
Legal Aspects of Merchandising
![Page 10: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/10.jpg)
Legal Aspects of Merchandising
• Product Guarantees and Warranties
![Page 11: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/11.jpg)
Legal Aspects of Merchandising
• Product Guarantees and Warranties
• Product Liability
![Page 12: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/12.jpg)
Legal Aspects of Merchandising
• Product Guarantees and Warranties
• Product Liability• Trademarks
![Page 13: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/13.jpg)
Legal Aspects of Merchandising
• Product Guarantees and Warranties
• Product Liability• Trademarks• Price Discrimination
![Page 14: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/14.jpg)
Legal Aspects of Merchandising
• Product Guarantees and Warranties
• Product Liability• Trademarks• Price Discrimination• Price Fixing
![Page 15: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/15.jpg)
Legal Aspects of Merchandising
• Product Guarantees and Warranties
• Product Liability• Trademarks• Price Discrimination• Price Fixing• Truth in Advertising
![Page 16: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/16.jpg)
Legal Aspects of Merchandising
• Product Guarantees and Warranties
• Product Liability• Trademarks• Price Discrimination• Price Fixing• Truth in Advertising
![Page 17: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/17.jpg)
Legal Aspects of Merchandising
• Product Guarantees and Warranties
• Product Liability• Trademarks• Price Discrimination• Price Fixing• Truth in Advertising• Price comparisons
![Page 18: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/18.jpg)
Legal Aspects of Merchandising
• Product Guarantees and Warranties
• Product Liability• Trademarks• Price Discrimination• Price Fixing• Truth in Advertising• Price comparisons• “Free”
![Page 19: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/19.jpg)
Ethical Aspects of Retailing
![Page 20: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/20.jpg)
Ethical Aspects of Retailing
• Honesty and Fairness
![Page 21: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/21.jpg)
Ethical Aspects of Retailing
• Honesty and Fairness• Rights and Duties in the
Marketing Exchange Process
![Page 22: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/22.jpg)
Ethical Aspects of Retailing
• Honesty and Fairness• Rights and Duties in the
Marketing Exchange Process– Products are safe and
fit
![Page 23: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/23.jpg)
Ethical Aspects of Retailing
• Honesty and Fairness• Rights and Duties in the
Marketing Exchange Process– Products are safe and
fit– Communications are
not deceptive
![Page 24: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/24.jpg)
Ethical Aspects of Retailing
• Honesty and Fairness• Rights and Duties in the
Marketing Exchange Process– Products are safe and
fit– Communications are
not deceptive– Good Faith dealings
![Page 25: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/25.jpg)
Ethical Aspects of Retailing
• Honesty and Fairness• Rights and Duties in the
Marketing Exchange Process– Products are safe and fit– Communications are
not deceptive– Good Faith dealings– System to handle
grievances
![Page 26: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/26.jpg)
Summary
![Page 27: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/27.jpg)
Summary
• Environment of retailing has complex legal requirements
![Page 28: Legal and Ethical Characteristics of Retailing](https://reader035.vdocument.in/reader035/viewer/2022062311/577cca181a28aba711a55c43/html5/thumbnails/28.jpg)
Summary
• Environment of retailing has complex legal requirements
• Ethical standards are becoming more prevalent and are expected by the buying public