What are the provisions of Consumer Protection Act (CPA) enacted by government? (5 marks)
Answers
Consumer Protection Act, 1986. An Act to provide for better protection of the interests of consumers and for that purpose to make provision for the establishment of consumer councils and other authorities for the settlement of consumers' disputes and for matters connected there with.
The Consumer Protection Act does this by, amongst others, creating a legal framework to foster a fair, accessible and efficient marketplace for Consumers; reducing the difficulties vulnerable Consumers experience when accessing goods or services; protecting Consumers from unfair trade practices; encouraging responsible ..
In the United States a variety of laws at both the federal and state levels regulate consumer affairs. Among them are the federal Federal Food, Drug, and Cosmetic Act, Fair Debt Collection Practices Act, the Fair Credit Reporting Act, Truth in Lending Act, Fair Credit Billing Act, and the Gramm–Leach–Bliley Act.