Search Results for: FAIR TRADE

fair trade law

fair-trade law. A state statute that protects and enforces fair-trade agreements. • At one time, many states had fair-trade laws. But when applied to interstate commerce, the laws may violate the Sherman Antitrust Act, so most states have repealed them.

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unfair trade

unfair trade. An inequitable business practice; esp., the act or an instance of a competitor’s repeating of words in a way that conveys a misrepresentation that materially injures the person who first used the words, by appropriating credit of some kind earned by the first user. [Cases: Trade Regulation 862. 1.]

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unfair trade practices and consumer protection law

Unfair Trade Practices and Consumer Protection Law. A model statute patterned on the Federal Trade Commission Act and proposed by the FTC in 1967 for adoption by the states; a state law providing consumer-protection remedies, including private causes of action, for deceptive trade practices and false advertising. • The Act gives the state attorney general

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unfair trade practice

unfair trade practice 不正当交易行为 美国许多州已采用美国全国保险总监协会所提出的不正当交易行为法。按照法律规定,在保险经营中从事欺骗或不道德行为为非法。不正当交易行为包括:不如实陈述、虚假广告、诱使保户放弃现有保单改投另一类保险、挪用保户款项。如有此类行为,州政府对代理人和经纪人施行惩罚。

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