Meaning of and need for commerce protection - SS3 Commerce Past Questions and Answers - page 1
What is consumer protection?
Measures to safeguard the rights of businesses
Measures to safeguard the rights and interests of consumers
Measures to promote unfair business practices
Measures to safeguard the rights and interests of consumers
Why is consumer protection necessary?
To give businesses an advantage over consumers
To ensure fairness and equality for consumers
To promote fraudulent practices
What is one of the reasons for consumer protection?
To allow businesses to mislead consumers
To ensure product safety and quality for consumers
To limit access to product information for consumers
What does consumer protection aim to do?
Favor the interests of businesses over consumers
Empower consumers and promote trust in the marketplace
Limit consumers' access to redress and dispute resolution
Which of the following is an example of consumer protection?
Allowing businesses to hide product ingredients
Requiring businesses to disclose product risks
Promoting deceptive advertising by businesses
State one reason why consumer protection is necessary.
To ensure fairness and equality for consumers.
What does consumer protection aim to achieve?
Consumer protection aims to empower consumers and promote trust in the marketplace.