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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

 

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

 

 

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
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
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
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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