Unfair business practices, unfair business competition, deceptive trade practices, and business fraud all cover a variety of actions, but they all can be considered illegal in North Carolina. An individual or business who commits these types of unscrupulous business conduct may be liable for treble damages, punitive damages, costs, and attorney’s fees. Both North Carolina law and federal law prohibit these types of business practices. In some states, especially in North Carolina, consumers are given additional protection with Consumer Protection laws.
Below are examples of business practices that are prohibited in North Carolina:
- False advertising
- Claiming goods are of a certain quality when they are not
- Making false statements about quality
- Making false representations
- Bait and switch
- Failure to disclose material facts
- Refuse to honor warranty or a promise
- Trademark infringement
- Misappropriation of trade secrets
- Rumor Mongering
Honesty, fairness and good faith are the bedrocks of a prosperous and sustainable economy. Individuals and businesses that do not adhere to legitimate business practices create an unstable economy and should be held accountable. The lawyers at Miller Law Group have over 50 years of combined experience fighting for victims of fraud and abuse.
For a free legal consultation, contact us or call 919-348-4361.