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Inequity is injustice or unfairness or an instance of either of the two. [1] Aversion is "a feeling of repugnance toward something with a desire to avoid or turn from it; a settled dislike; a tendency to extinguish a behavior or to avoid a thing or situation and especially a usually pleasurable one because it is or has been associated with a noxious stimulus". [2]
Inequity aversion research on humans mostly occurs in the discipline of economics though it is also studied in sociology.. Research on inequity aversion began in 1978 when studies suggested that humans are sensitive to inequities in favor of as well as those against them, and that some people attempt overcompensation when they feel "guilty" or unhappy to have received an undeserved reward.
Age discrimination is defined as the unfair treatment of people with regard to promotions, recruitment, resources, or privileges because of their age. It is also known as ageism : the stereotyping of and discrimination against individuals or groups based upon their age.
It is an unfair practice for a supplier, in a transaction or proposed transaction involving goods or services, to: (a) do or say anything, or fail to do or say anything, if as a result a consumer might reasonably be deceived or misled; (b) make a false claim; (c) take advantage of a consumer if the person knows or should reasonably be expected ...
The Privy Council advised that the contract was not an unconscionable bargain. The Court said there were two types of "unfair" contracts: "procedural unfairness", where a benefit is obtained through undue influence, i.e., victimisation, and "contractual imbalance", where one party gets a more favourable outcome than the other party, i.e., a bargain.
It holds that all who have a "genuine opportunity to become qualified" be given a chance to do so and it is sometimes based on a recognition that unfairness exists, hindering social mobility, combined with a sense that the unfairness should not exist or should be lessened in some manner. [57]