which of the following is not a goal of consumer protection laws course hero

Why do we need consumer protection agencies?

Feb 22, 2017 · Which of the following is not a goal of consumer. Which of the following is not a goal of consumer protection laws? Selected Answer: Facilitate consumers’ getting extended credit when making purchases. Correct Answer: Facilitate consumers’ getting extended credit when making purchases. Selected Answer : Facilitate consumers ’ getting ...

What is a goal of the consumer movement Quizlet?

Which of the following is not a goal of consumer protection laws? A. Encourage competitive pricing. B. Facilitate consumers' getting extended credit when making purchases. C. Provide consumers with better information when making purchases. D. Protect consumers against possible hazards from products purchased.

What is the main purpose of the Consumer Financial Protection Bureau?

11) Which of the following is not a goal of consumer protection laws? A) Encourage competitive pricing. B) Facilitate consumers' getting extended credit when making purchases. C) Provide consumers with better information when making purchases. D) Protect consumers against possible hazards from products purchased.

What is the right to be heard in consumer protection?

May 21, 2016 · Question Which of the following is not a goal of consumer protection laws? Selected Answer: Facilitate consumers’ getting extended credit when making purchases. Correct Answer: Facilitate consumers’ getting extended credit when making purchases.

What is the mission of Consumer Financial Protection Bureau?

The mission of the Consumer Financial Protection Bureau is to ensure that financial products and services are fair, transparent, and competitive. TRUE. The doctrine of strict liability extends only to the retailer who is involved in selling the product, not the manufacturer. FALSE.

Why is it important to reform product liability laws?

One reason for business efforts to reform product liability laws is the increasing cost of insuring against liability suits. Quality management emphasizes high quality and customer satisfaction through continuous improvement of a company's product or service at the final stages of the production process.

What is the right to be heard?

Under the "right to be heard" protection, the consumer is to be assured satisfactory quality and service at fair prices. The consumer's "right to privacy" assures that information disclosed in the course of a commercial transaction is not shared with others unless authorized.

What is the purpose of consumer protection agencies?

To assure the safety and effectiveness of a wide range of consumer products. **The major federal consumer protection agencies are authorized by law to: Intervene directly into the very center of free market activities, if that is considered necessary to protect consumers. and Substitute government-mandated standards for decision making by private ...

What is it called when a business adopts voluntary policies for protecting the privacy of individuals' information disclosed during electronic transactions

When businesses adopt voluntary policies for protecting the privacy of individuals' information disclosed during electronic transactions, this is called: Industry self-regulation.

What is the prime social responsibility of business?

Terms in this set (30) A prime social responsibility of business is to safeguard consumers: While continuing to supply them with goods and services they want. Consumers have become more dependent on businesses for product quality because: The complexity of products makes choices complicated for consumers.