Post Utme Wellspring University 2023 Commerce Question 28

Practice objective / multiple choice question 28 from the 2023 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2023 Commerce Objective / Multiple Choice
Question 28 POST_UTME_WELLSPRING_UNIVERSITY • 2023 • COMMERCE • objective

A consumer protection agency is investigating a complaint about a company's unfair business practices. The agency discovers that the company has been engaging in price-fixing, which is a violation of the Consumer Protection Act. What is the likely outcome of this investigation?

Answer Options

A. The company will be fined ₦1 million
B. The company will be ordered to pay damages to affected consumers
Correct Answer C. The company will be required to change its business practices
D. The company will be shut down
Correct Answer
C
Correct Option:
The company will be required to change its business practices

About This Question

This is Post Utme Wellspring University 2023 Commerce Question 28. It is one of the objective questions from the 2023 Post Utme Wellspring University Commerce examination.

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