Post Utme Nile University 2020 Commerce Question 8

Practice objective / multiple choice question 8 from the 2020 Post Utme Nile University Commerce examination.

Post Utme Nile University 2020 Commerce Objective / Multiple Choice
Question 8 POST_UTME_NILE_UNIVERSITY • 2020 • COMMERCE • objective

A consumer protection agency is investigating a complaint about a company's unfair business practices. The agency has collected evidence that the company has engaged in price fixing, which is a violation of the Consumer Protection Act. What is the likely outcome of the investigation?

Answer Options

A. The company will be fined ₦1 million.
Correct Answer B. The company will be required to pay restitution to affected consumers.
C. The company will be forced to cease operations.
D. The agency will drop the investigation.
Correct Answer
B
Correct Option:
The company will be required to pay restitution to affected consumers.

About This Question

This is Post Utme Nile University 2020 Commerce Question 8. It is one of the objective questions from the 2020 Post Utme Nile University Commerce examination.

View More Post Utme Nile University 2020 Commerce Questions More Post Utme Nile University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support