Post Utme Unilag 2020 Commerce Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Unilag Commerce examination.

Post Utme Unilag 2020 Commerce Objective / Multiple Choice
Question 23 POST_UTME_UNILAG • 2020 • COMMERCE • objective

A consumer protection law requires that all goods sold in a particular market must be labeled with the following information: the name of the product, the ingredients used, and the instructions for use. A company sells a product that does not comply with this law. What is the consequence of the company's action?

Answer Options

A. The company will be fined ₦500,000
B. The company will be required to recall the product
Correct Answer C. The company will be banned from selling the product
D. The company will be required to pay a compensation of ₦1,000,000 to the consumer
Correct Answer
C
Correct Option:
The company will be banned from selling the product

About This Question

This is Post Utme Unilag 2020 Commerce Question 23. It is one of the objective questions from the 2020 Post Utme Unilag Commerce examination.

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