Post Utme Futo 2020 Commerce Question 22

Practice objective / multiple choice question 22 from the 2020 Post Utme Futo Commerce examination.

Post Utme Futo 2020 Commerce Objective / Multiple Choice
Question 22 POST_UTME_FUTO • 2020 • COMMERCE • objective

A consumer protection agency has received a complaint about a company's unfair business practices. The agency has the power to investigate the company and impose penalties if necessary. What is the primary purpose of this agency?

Answer Options

A. To promote fair competition among businesses.
Correct Answer B. To protect consumers from unfair business practices.
C. To regulate the prices of goods and services.
D. To provide consumer education and awareness.
Correct Answer
B
Correct Option:
To protect consumers from unfair business practices.

About This Question

This is Post Utme Futo 2020 Commerce Question 22. It is one of the objective questions from the 2020 Post Utme Futo Commerce examination.

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