Post Utme Unilorin 2023 Commerce Question 12

Practice objective / multiple choice question 12 from the 2023 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2023 Commerce Objective / Multiple Choice
Question 12 POST_UTME_UNILORIN • 2023 • COMMERCE • objective

A consumer protection agency has received a complaint about a company's unfair business practices. The agency has gathered evidence that the company has been engaging in price-fixing, which is a violation of the Consumer Protection Act. What is the most appropriate action the agency should take?

Answer Options

A. Issue a warning to the company
B. Impose a fine on the company
C. Suspend the company's business license
Correct Answer D. Prosecute the company's directors
Correct Answer
D
Correct Option:
Prosecute the company's directors

About This Question

This is Post Utme Unilorin 2023 Commerce Question 12. It is one of the objective questions from the 2023 Post Utme Unilorin Commerce examination.

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