Definition, Deceptive Methods and Examples
What Is an Unfair Trade Practice? Unfair trade practices refer to the use of various deceptive, fraudulent, or unethical methods to obtain business. Unfair business practices include misrepresentationfalse advertising or representation of a good or service, tied sellingfalse free prize or gift offers, deceptive pricing, and noncompliance with manufacturing standards. Such acts are considered unlawful…