Thus, Consumer protection laws are meant to protect consumer interest or consumer rights. It also protects the consumer against unfair trade practices and deceptive trade practices. The protection and promotion of consumer rights and best interests is an important function of the government of any economy. However, the consumer rights organizations claimed that they lack sufficient funds and in turn blamed the government for it. Learn more: 1. Awareness is essential for all customers so that they take the right decision and make the right choice about the … Laws are important to both consumers and producers because it protects us our individual rights, diavinad8 and 1110 more users found this answer helpful. star. The Brainly community is constantly buzzing with the excitement of endless collaboration, proving that learning is more fun — and more effective — when we put our heads together. It protects you and me, consumers, from unethical and careless actions taken by businesses. One of the most important uses of consumer education is that it familiarizes the consumer about the various acts enacted by the Government from time to time. Consumer education familiarizes the consumer with various standards of standardization and their markings. Consumer awareness is a process of making an individual or consumer awareness of their rights and responsibilities when purchasing goods and services. Why do consumers need to be educated about their rights and what they mean? The World Consumer Rights Day is celebrated, on March 15th. A)so they can get scammed B)so they can buy with confidence C)so they have access to food and water D)so they know why they must honor contracts star. 5. Right to use, right to information, right to challenge, right to access etc. star half outlined. Consumer take decisions whether to buy the product or not. Consumer Protection Law is an area of law managed by the Bureau of Consumer Protection and overseen by the Federal Trade Commission (FTC). False advertisements in TV and cinemas is not correct. Consumer can influenced by marketing advertisements. The Word “consumer” is a derivative of the Latin word “Consumere” which means, “to take up totally or to eat’. They claimed that it was due to lack of proper consumer education and blamed the consumer organizations for it. d) Right to heard . Answering questions also helps you learn! Consumer must know the product terms and conditions. Consumer :- Consumer is a person who purchases goods and/or services for personal use. Consumer has rights while purchasing a product. heart outlined. The right to be protected against the marketing of goods which are hazardous to life and property. ii. b) Right to information . Help the community by sharing what you know. c) Right to choose . The right to be informed about the quality, quantity, potency, purity, standard and price of goods so as to protect the consumers against unfair trade practices. The Act recognizes the following rights of consumers: i. Government agencies and consumer groups regularly start consumer awareness campaigns, to help consumers understand new products and services in the marketplace. Consumer Rights :- a) Right to safety . Consumer Rights. It can be challenged at the consumer forum, consumer courts. Also no active consumer participation was observed. Seller must be fair. The consumer law put restrictions on how businesses should manage the transfer and security of consumers' personal information. star. Thanks 878. star. e) Right to consumer education. Consumer protection policies, laws and regulations help increase consumer welfare by ensuring that businesses can be held accountable. Businesses This increases their profitability and competitiveness which will also lead to economic growth in the long run.
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