Post Utme Redeemers University 2022 Commerce Question 15

Practice objective / multiple choice question 15 from the 2022 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2022 Commerce Objective / Multiple Choice
Question 15 POST_UTME_REDEEMERS_UNIVERSITY • 2022 • COMMERCE • objective

A consumer is considering purchasing a product from a company that has a history of producing high-quality products. However, the consumer is concerned about the potential risks associated with the product, including the possibility of product failure and the potential for the company to go out of business. Which of the following is the most appropriate consumer protection strategy for the consumer to adopt?

Answer Options

A. Purchase the product from a reputable retailer to ensure a warranty and after-sales support.
Correct Answer B. Research the company's history and reputation to assess the potential risks associated with the product.
C. Read reviews and ratings from other consumers to gauge the product's performance and reliability.
D. Abandon the purchase and look for alternative products from different companies.
Correct Answer
B
Correct Option:
Research the company's history and reputation to assess the potential risks associated with the product.

About This Question

This is Post Utme Redeemers University 2022 Commerce Question 15. It is one of the objective questions from the 2022 Post Utme Redeemers University Commerce examination.

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