Question:
Consumer Protection
Consumer Protection
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Understanding key management and business terms is essential for making informed decisions in various organizational roles.
Updated On: Sep 24, 2025
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Solution and Explanation
Consumer protection refers to laws and regulations designed to safeguard the interests of consumers. These laws ensure that consumers are protected from unfair trade practices, defective products, and misleading advertisements. Consumer protection also includes ensuring that consumers have access to accurate information about products and services so they can make informed decisions.
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