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Questions and Answers
How does the Consumer Protection Act benefit consumers?
How does the Consumer Protection Act benefit consumers?
- By providing avenues for seeking redress for unfair treatment (correct)
- By increasing the prevalence of counterfeit products
- By granting businesses unlimited power over consumers
- By limiting consumer access to information
What is a key feature of the Consumer Protection Act?
What is a key feature of the Consumer Protection Act?
- Exemption of businesses from product quality standards
- Encouragement of misleading product claims
- Promotion of price fixing among competitors
- Prohibition of false advertising (correct)
What does the Consumer Protection Act aim to do?
What does the Consumer Protection Act aim to do?
- Maximize profits for businesses
- Protect consumers from unfair business practices (correct)
- Reduce consumer choices
- Promote monopolies in the market
