Post Utme Lautech 2024 Commerce Question 36

Practice objective / multiple choice question 36 from the 2024 Post Utme Lautech Commerce examination.

Post Utme Lautech 2024 Commerce Objective / Multiple Choice
Question 36 POST_UTME_LAUTECH • 2024 • COMMERCE • objective

In the context of consumer protection, what is the primary purpose of the Consumer Protection Act?

Answer Options

Correct Answer A. To regulate business practices and protect consumers from unfair trade practices
B. To provide a framework for consumer education and awareness
C. To establish a consumer protection agency to handle complaints and disputes
D. To promote competition and fair trade practices in the market
Correct Answer
A
Correct Option:
To regulate business practices and protect consumers from unfair trade practices

About This Question

This is Post Utme Lautech 2024 Commerce Question 36. It is one of the objective questions from the 2024 Post Utme Lautech Commerce examination.

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