Exam (elaborations)
Consumer Rights, Awareness, and Decision-Making (1)
Consumer Rights, Awareness, and Decision-Making (1)
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Consumer Rights, Awareness, andDecision-Making
Consumer Bill of Rights - CORRECT ANSWER-The rights of
consumers, including the right to safety, to be informed, to choose, and
to be heard.
Consumer education - CORRECT ANSWER-Access to programs and
information helping consumers make better marketplace decisions.
Consumer redress - CORRECT ANSWER-The right to get a product
replaced, compensated, or refunded if unsatisfied, as per the Consumer
Protection Act 1986.
Consumer awareness - CORRECT ANSWER-Understanding of rights,
responsibilities, and information about products and services to make
informed choices.
Consumer satisfaction of basic needs - CORRECT ANSWER-The right
to access essential goods and services like food, shelter, healthcare,
and education.
Consumer awareness responsibilities - CORRECT ANSWER-Stay
informed, follow instructions, use products properly, speak out against
wrongdoing, and lawfully purchase goods and services.
Consumer awareness benefits - CORRECT ANSWER-Enhanced
decision-making, protection against scams, promotion of ethical
consumption, and personal financial management.
Consumer responsibilities - CORRECT ANSWER-Actively seeking
information, understanding rights, critically evaluating information,
making ethical choices, managing finances, providing feedback, and
protecting personal information.
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