Consumer Protection - ASAP Flashcards

STUDY FOR ASSESSMENT

1
Q

What is Consumer Protection?

A
  • Consumer Protection is the laws and other form of government protection that aim to protect consumers from unconscionable acts, such as scams or rip-off
  • State and federal governments have passed laws that are designed to protect consumers in the marketplace
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2
Q

Why do we need Consumer Protection?

A
  • So that consumers are treated justly and honestly
  • So your items are of good quality
  • So you do not receive misleading information
  • So you maintain safety so it doesn’t harm you
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3
Q

Legal Rights of Consumers: The Right to Safety

A

The right to use a product that will not cause you harm.

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4
Q

Legal Rights of Consumers: The Right to be informed

A

The right to receive accurate Information about a product including:
- Price
- Labelling
- Where the product was manufactured

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5
Q

Legal Rights of Consumers: The Right to Choose

A

Consumers have the right to choose where they want to buy a product or service from

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6
Q

Legal Rights of Consumers: The Right to know the terms of a sale

A

Consumers have every right to know the full price, and that it’s always displayed.

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7
Q

Legal Rights of Consumers: The Right to consumer guarantees and warranties

A

Consumers have the right to have a refund or exchange if they change their mind, especially if faulty.

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