What do consumer protection laws protect?A.Companies from consumers who make transactionsB.Your rights and privacy when making transactionsC.Your credit score and credit card numberD.The rights and privacy of companiesSUBMITarrow_backPREVIOUS
Question
What do consumer protection laws protect?A.Companies from consumers who make transactionsB.Your rights and privacy when making transactionsC.Your credit score and credit card numberD.The rights and privacy of companiesSUBMITarrow_backPREVIOUS
Solution
Consumer protection laws protect B. Your rights and privacy when making transactions. These laws are designed to prevent businesses from engaging in fraud or unfair practices, to provide additional protections for the weak and those unable to take care of themselves, and to ensure fair competition in the marketplace.
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Which consumer protection law requires that products be free of defects when sold?A.Uniform Commercial CodeB.Credit Card Accountability, Responsibility, and Disclosure ActC.Used Car RuleD.Consumer Bill of RightsSUBMITarrow_backPREVIOUS
Consumer Protection Laws
Overview of important consumer protection laws.
Which of the following is NOT a goal of consumer protection laws?Provide consumers with better information when making purchases.Facilitate consumers' getting extended credit when making purchases.Encourage competitive pricing.Protect consumers against possible hazards from products purchased.
When businesses adopt voluntary policies for protecting the privacy of individuals' information disclosed during electronic transactions, this is an example of:Privacy legislation.Business privacy regulation.Industry self-regulation.Consumer self-help.
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