Consumer Protection Legislation.pdf

PolProtAth-711-2007.pdf
Preview of Consumer Protection Legislation
🔗 Source: daneiakartes.info
📊 Size: 205 KB
👤 Author: sarri
⬇️ Downloads: 197

Summary

The court ruled that certain terms in a bank's contract with consumers are abusive, including a term that charges consumers a fee for cash withdrawals or deposits, and a term that requires consumers to deposit loan proceeds into a restricted account and pay interest on the entire loan amount, even if the consumer has not yet accessed the funds. The court applied the provisions of Law 2251/1994, which regulates general terms of contract and provides for the protection of consumers. The law requires that general terms of contract be fair and transparent, and that consumers be given the opportunity to understand the terms before agreeing to them. The court also applied the principle of interpretation in favor of the consumer in cases of ambiguity.

Description

The court ruled that certain terms in a bank's contract with consumers are abusive, including a term that charges consumers a fee for cash withdrawals or...

Technical Information

  • File Format: PDF
  • File Size: 205 KB
  • Pages: 23
  • Language: EN
  • Author: sarri
  • Total Downloads: 197
  • Last Updated: 2 weeks ago

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