Law in Society
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Companies that run telemarketing scams often charge for their service through
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Property that has been discarded by the owner without the intent to reclaim ownership
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Advertising a nonexistent bargain to lure customers and then selling the customers more expensive merchandise.
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Occurs when a landlord who deprives a tenant of electricity.
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Consumer Product
Safety Act-
This act protects you from unreasonable risk of injury while using consumer products that are sold in interstate commerce.
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A right granted to an author, composer, photographer, or artist to exclusively publish and sell an artistic or literary work.
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Donor –
The person
gift a
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Equal Credit
Opportunity Act –
prevents credit issuers from discriminating against applicants because of gender, marital status, age, religion, race, national origin, or because they get public assistance income.
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Fair Credit Billing
Act –
Establishes a procedure for the prompt handling of billing disputes
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Fair Credit
Collection Practices
Act –
This act makes it illegal for debt collectors to threaten consumers.
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Fair Credit
Reporting Act –
Helps you know the source of a credit report and to correct any wrong information in it.
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Fair Debt Collection
Practices Act –
Makes it illegal for debt collectors to threaten consumers with violence, to use obscene language, or to contact consumers at inconvenient times or places to collect debts
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Federal Trade
Commission Act –
Protects a business from the wrongful acts of unfairly competing companies
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Fixture –
This becomes part of the real property and may not be removed when it has been installed in such a way that removal would deface a room or building.
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How many days do you have to cancel a contract made with a door to door salesman?
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Intangible Personal
Property
– has no substance and cannot be touched.
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cooling days off rule
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Intellectual property examples:
Patents
Copyrights
Trademarks
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Landlord
– owns real property and rents it to someone.
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Landlord duties –
Refrain from discrimination,
Maintain the premises
Deliver peaceful possession
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Lease –
The agreement that creates the landlordtenant relationship
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Lessee
– A tenant under a lease of real property.
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Lessor
– A landlord who leases real property to a tenant.
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Misbranded –
A food or drug with false or misleading labeling or packaging.
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Personal Property –
Anything that can be owned other than real estate.
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Product Liability
The principle where manufacturers and sellers are accountable for injuries caused by unsafe or defective products
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Robinson-Patman
Act –
Sellers must treat all buyers equally.
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Sublease –
Those items of personal property brought on the land by the tenant that are necessary to carry on the trade or business to which the land will be devoted.
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Tenancy –
An eviction that occurs when the landlord breaches his or her duties under the lease.
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Tenancy at will –
An interest in real property that continues for an indefinite period of time.
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Tenant Duties:
Abide by the Terms of the Lease
Avoid Waste
Return Fixtures
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Trademark –
A distinctive mark, symbol, or slogan used by a business to identify them from products sold by others.
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Waste –
Is anything beyond reasonable wear and tear to rental property.
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Who is responsible for the injuries caused by a defect in a common area?
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Example:
Torn carpet