Business Studies, asked by sakshi76468, 1 year ago

what do you mean by consumer protection? ​

Answers

Answered by ypushpa
1

Answer:

Consumer protection means protecting the rights of consumers. It also helps to protect fair trade competition and truthful information in a market economy. Various laws and organisations are designed to do this. The laws are designed to stop companies using unfair practices to gain an advantage over their competitors.

Answered by apexcaptain1
1

Explanation:

A state or

federal law designed to protect consumers against improperly described, damaged, faulty, and dangerous goods and services as well as from unfair trade and credit practices.

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