Study

Unit 1 Chapter 1

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  • How much does it cost to use the Small Claims Court?
    €25
  • Example of co-operative relationship between employer and employee
    paid training course
  • What is the largest amount of compensation in the Small Claims court?
    €2000
  • frustration
    event occurs e.g. death, bankrupt, making contract impossible
  • Define interest group
    represents and promotes the interest of a group of people with a common interest, lobbying, negotiation, protests, information campaigns to influence decision
  • List the role of the CCPC
    Inform consumer of their rights via websites & helplines, Give advice to the government on the areas where consumers need greater protection, Enforce product sa
  • Give an example of an invitation to treat
    Price tag
  • Define performance
    both sides have carried out their contractual obligations, it ends
  • Example of competitive relationship between two producers
    price, quality, customer service
  • What does IBEC stand for?
    Irish Business and Employers Consideration,
  • List 3 remedies for breech of a legal contract
    specific performance, financial performance, rescind the contract
  • Example of competitive relationship between business and consumer
    pricing
  • What does the CCPC stand for?
    Competition and Consumer Protection Commission
  • ''Goods must be of an acceptable standard, taking into account price and durability''. This means goods must be of..
    Merchantable Quality
  • List termination of a legal contract
    frustration, breach, performance, agreement
  • If a consumer has a complaint with public bodies such as the HSE or Gardaí, they can make a complaint to the...
    Office of the ombudsman
  • List elements of legally valid contract
    agreement, consideration, legality of form, consent to contract, capacity to contract, legality of purpose, intention to contract
  • define legality of purpose
    illegal contracts aren't enforceable by law, only legal activities are valid
  • Example of co-operative relationship between two producers
    sharing cost of research
  • How do consumers benefit from a competitive relationship between producers
    increase quality of their product, increase product range, better customer service
  • define breach of contract
    party breaks an essential element (condition)
  • Define Competitive relationship
    win-lose relationship, one party benefits at the expense of the other
  • Represents almost all trade unions in Ireland, negotiates national agreements, provides information, advice and training to unions and their members
    Irish Congress of Trade Unions (ICTU)
  • Define co-operative relationship
    win-win relationship, work together, mutual benefit
  • Define contract
    legally binding agreement made between parties who have the power to undertake such a contract when buying or selling goods or services. This means that if on
  • Example of competitive relationship between employer and employee
    pay rise
  • Define consideration
    something of value must be exchanged between parties