Definition of Terms.
Section 3
SEC. 3. Definition of Terms. – For the purpose of this Act, the following terms shall mean; (a) Business establishment – any person, natural or juridical, whether single proprietorship, partnership or corporation, including a government-owned and -controlled corporation or a government entity exercising its proprietary functions, engaged in, or doing business in the Philippines, either in selling goods or providing services; (b) Change – the excess in the payment given by a consumer for goods and services purchased or received from a business establishment; (c) Consumer – a natural person who purchases goods or services in cash; (d) Goods – all types of tangible property that could be bought and sold, and the possession of which could be transferred in whole or in part, temporarily or permanently; (e) Gross sales – the total invoice value of sales, before deducting for customer discount, allowances and returns;. (f) Insufficient change – a change that is less than what is due the consumers; (g) Price – tag any device written, printed, affixed or attached to a good, or displayed in a consumer retail or service establishment for the purpose of indicating the retail price per unit or services; (h) Services – all types of commercial activities which enable the supply, access to, consumption or use of goods, intellectual property or other services; and (i) Shortchange – the act of giving insufficient or no change to a consumer who purchased a product or service.