Post Utme Redeemers University 2022 Commerce Question 17

Practice objective / multiple choice question 17 from the 2022 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2022 Commerce Objective / Multiple Choice
Question 17 POST_UTME_REDEEMERS_UNIVERSITY • 2022 • COMMERCE • objective

A consumer protection agency has received a complaint about a business that has failed to deliver goods to a customer. The agency has the power to impose a fine of ₦10,000 on the business. What is the purpose of the fine?

Answer Options

A. To compensate the customer for the loss suffered.
Correct Answer B. To deter the business from engaging in similar conduct in the future.
C. To punish the business for its failure to deliver goods.
D. To refund the customer's money.
Correct Answer
B
Correct Option:
To deter the business from engaging in similar conduct in the future.

About This Question

This is Post Utme Redeemers University 2022 Commerce Question 17. It is one of the objective questions from the 2022 Post Utme Redeemers University Commerce examination.

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