ASK THE EXPERT

 

Welcome to our Ask The Expert Section designed to keep you abreast of questions that are asked of our experts.


   
   


Is it legal for Vendors to price Goods in US dollars?
1. Is it legal for Vendors to price Goods in US dollars? The law does not prevent vendors from quoting prices in currencies other than our Jamaican currency. Vendors are expected however to make it possible for customers to ascertain the price of the good prior to making payment for it. This would mean that vendors are responsible to communicate to their customers what rate of .....................More


1.If a good or service appears to be priced way above the market price, can the vendor by law be forced to lower it?
1.If a good or service appears to be priced way above the market price, can the vendor by law be forced to lower it? The prices of most goods and services are no longer under government control, but are determined instead by the market forces of demand and supply. As the Prices Commission, the organization from which the C.A.C. evolved, the responsibility of regulating prices meant that if vendors were to set the price of certain .....................More

... On Rotisserie Chicken - Published September 5, 2004

... On Warranty - Published December 5, 2004

... On Damaged Items - Published April 3, 2005


   
Designed by: Consumer Affairs Commission