Consumer Protection Quiz
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Questions and Answers

Which of the following best describes consumer protection?

  • A product designed to improve consumer satisfaction
  • A financial plan to help consumers save money
  • A set of laws and regulations that protect consumers from unfair business practices (correct)
  • A marketing strategy used by companies to attract more customers
  • What is the main purpose of consumer protection?

  • To ensure that consumers always get the lowest prices
  • To encourage consumers to spend more money
  • To guarantee that businesses make a profit
  • To protect consumers from deceptive or harmful practices (correct)
  • Why is consumer protection important?

  • To limit consumer choices
  • To increase the cost of products and services
  • To give businesses an advantage over their competitors
  • To promote fair and ethical business practices (correct)
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