Consumer Protection Quiz

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Questions and Answers

Why is consumer protection considered necessary in the modern competitive market?

  • To allow consumer participation in decision making (correct)
  • To increase the complexity of the market
  • To reduce the influence of consumer organizations
  • To eliminate competition among businesses

What is a major challenge in establishing direct contact between consumers and manufacturers?

  • Manufacturers' reluctance to communicate with consumers
  • Lack of consumer interest in contacting manufacturers
  • Consumers living in a dynamic and complex world (correct)
  • Consumers' preference for imported products

Why is it difficult for consumers to obtain information in today's markets?

  • Consumer organizations restrict access to information
  • Markets are full of domestic and imported products (correct)
  • Consumers have no interest in obtaining information
  • Manufacturers refuse to provide information to consumers

What role does consumer protection play in the market?

<p>Safeguarding the rights and interests of consumers (A)</p> Signup and view all the answers

Why are strong consumer organizations important in the context of consumer protection?

<p>To pressurize business organizations for consumer participation (C)</p> Signup and view all the answers

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