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Humanities Mind map (Consumer Rights/Law (under the Australian consumer…
Humanities Mind map
Consumer Rights/Law
- under the Australian consumer law, you have certain rights to cancel a good or service.
- if a product or service you buy fails to meet a consumer guarantee, you have the right to replace or refund under the Australian consumer law.
- you can seek compensation for damages you suffer due to problem that was reasonably foreseen by the producers
- businesses that display no refunds are breaking the law
Financial Intermediary
Financial Intermediary is the term for businesses or company's that takes deposits to be handed out as loans.
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What Is Merging
When two companies come together and join and merge. This means that the company grows has more customers and if one company is struggling the other can come and save it as well but they will have more shares together. Merging means that when two companies come together and become one company.
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