ELEMENTS OF COMMERCIAL & CONSUMER LAW Essay Example | Topics and Well Written Essays - 2000 words

ELEMENTS OF COMMERCIAL & CONSUMER LAW - Essay eventIn relation to the concept of Ayres & Braithwaite, the notion of responsive ruler comprises two major interpretations the tit-for-tat responsive regulation and the restorative justice (RJ) responsive regulation. With this regard, the concepts have been recognised to fetch a major debating prevail over for the organisations while remaining keen to implement responsive regulations2.Applying a critical point of view, in consecrate to assess the way of effective persuasion of the model, the paper evaluates the key effectiveness of responsive regulation that buttocks enable an organisation to maintain a strong reputation within a particular marketplace or industry. Correspondingly, to assess the efficacy of the model, the report also describes its effectiveness in response to restrictive powers and responses uncommitted under the Consumer Protection from Unfair Trading Regulations 2008.With reference to an in-depth understanding, the concept of responsive regulation is designed by Ayres and Braithwaite, with the aim of addressing issues associated with the restricted resources. In addition to the observation, the regulation is also developed in order to in effect deal with limitations relating to modest compliance or deterrence execution strategies and efficiently respond towards numerous pluralistic motivations that are likely to be driven by the compliance behaviour of the individuals3.The key aspects of responsive restrictive concept that highly apprehend the imaginary attributes of the practitioners are often considered as an idea of the responsive regulatory pyramid. It is owing to the fact that interpretation of responsive regulation to the respective practitioners by any individual broadly ends by asking them for selecting a regulatory challenge and is likely to bring major conflicts among the practitioners. The scenario is often discovered to invite the practitioners to focus on preliminary desig ning of