Post Utme Oau 2023 Commerce Question 32

Practice objective / multiple choice question 32 from the 2023 Post Utme Oau Commerce examination.

Post Utme Oau 2023 Commerce Objective / Multiple Choice
Question 32 POST_UTME_OAU • 2023 • COMMERCE • objective

A consumer protection agency has the power to investigate complaints against businesses and to impose penalties for non-compliance with consumer protection laws. If a business is found to have engaged in unfair trade practices, what is the maximum penalty that the agency can impose?

Answer Options

A. ₦1 million
B. ₦5 million
C. ₦10 million
Correct Answer D. ₦50 million
Correct Answer
D
Correct Option:
₦50 million

About This Question

This is Post Utme Oau 2023 Commerce Question 32. It is one of the objective questions from the 2023 Post Utme Oau Commerce examination.

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