Consumers Rights Legal Terms Glossary

A Comprehensive Guide to Understanding Consumer Rights Terminology

glossary consumers-rights

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Consumers Rights

  • Bait and switchBait and switch is a deceptive marketing tactic advertising low prices to lure customers, but promoting higher-priced goods instead.

  • ConsumerAn individual or household that acquires goods and services, primarily for personal, family, or household purposes, rather than for commercial resale

  • Consumer ProtectionThe laws, regulations, and practices designed to safeguard the rights and interests of consumers, prevent deceptive or abusive business practices, and ensure fair trade.

  • Cooling-Off PeriodA legally mandated time frame during which a consumer has the right to cancel a purchase or contract without penalty.

  • False AdvertisingIntentionally making false or misleading statements about a product or service in advertising or marketing materials.

  • Lemon LawsA statute that provides remedies for consumers who purchase defective vehicles, typically allowing for a refund or replacement.