Post Utme Futa 2022 Commerce Question 36

Practice objective / multiple choice question 36 from the 2022 Post Utme Futa Commerce examination.

Post Utme Futa 2022 Commerce Objective / Multiple Choice
Question 36 POST_UTME_FUTA • 2022 • COMMERCE • objective

The concept of 'caveat emptor' is a fundamental principle in consumer protection. What does this Latin phrase mean, and how does it relate to the rights of consumers in Nigeria?

Answer Options

Correct Answer A. Let the buyer beware, and it implies that consumers have no rights in Nigeria.
B. Let the buyer beware, and it implies that consumers have limited rights in Nigeria.
C. Let the seller beware, and it implies that consumers have full rights in Nigeria.
D. Let the consumer beware, and it implies that consumers have no rights in Nigeria.
Correct Answer
A
Correct Option:
Let the buyer beware, and it implies that consumers have no rights in Nigeria.

About This Question

This is Post Utme Futa 2022 Commerce Question 36. It is one of the objective questions from the 2022 Post Utme Futa Commerce examination.

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