Meaning of and need for commerce protection - SS3 Commerce Past Questions and Answers - page 1

1

What is consumer protection?

 

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A

Measures to safeguard the rights of businesses

B

Measures to safeguard the rights and interests of consumers

 

C

 Measures to promote unfair business practices

 

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2

Why is consumer protection necessary?

 

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A

To give businesses an advantage over consumers

B

To ensure fairness and equality for consumers

 

C

To promote fraudulent practices

 

 

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3

What is one of the reasons for consumer protection?

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A

To allow businesses to mislead consumers

 

B

To ensure product safety and quality for consumers

 

 

C

To limit access to product information for consumers

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4

What does consumer protection aim to do?

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A

Favor the interests of businesses over consumers

B

Empower consumers and promote trust in the marketplace

C

Limit consumers' access to redress and dispute resolution

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5

Which of the following is an example of consumer protection?

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A

Allowing businesses to hide product ingredients

B

Requiring businesses to disclose product risks

C

Promoting deceptive advertising by businesses

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6

State one reason why consumer protection is necessary.

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7

What does consumer protection aim to achieve?

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