Consumer rights refer to the legal and ethical entitlements and protections granted to individuals who purchase goods or services.
Three consumer rights are:
1. Right to Safety: Consumers have the right to be protected from hazardous products or services that may cause harm or pose a threat to their health or safety.
2. Right to Information: Consumers have the right to accurate and complete information about the quality, ingredients, price, and other relevant details of products or services.
3. Right to Redress: Consumers have the right to seek compensation or remedy if they suffer harm or loss due to faulty or inadequate products or services.
Consumer responsibilities refer to the obligations or duties that consumers have towards themselves, other consumers, and the market.
Three consumer responsibilities are:
1. Responsibility to Educate themselves: Consumers should strive to understand the features, benefits, risks, and limitations of products or services they intend to purchase.
2. Responsibility to Make Informed Choices: Consumers should compare and evaluate different options, considering factors such as price, quality, reputation, and reliability before making a purchase.
3. Responsibility to Complain: Consumers should voice their concerns and complaints if they encounter unsatisfactory products or services, contributing to the improvement of business practices and ensuring their rights are respected.
The role of the government to ensure consumer protection involves the implementation and enforcement of laws, regulations, and policies that promote fair trading practices and safeguard consumer interests.
The government's role includes:
1. Establishing Consumer Protection Laws: Governments enact laws that outline consumer rights, set standards for product safety, and regulate unfair or deceptive business practices.
2. Monitoring and Enforcement: Governments have regulatory agencies responsible for monitoring and enforcing consumer protection laws, investigating complaints, and taking legal action against companies that violate these laws.
3. Providing Consumer Education and Information: Governments often provide resources, initiatives, and platforms to educate and inform consumers about their rights, responsibilities, and ways to resolve disputes, ensuring they are well-informed and empowered to make confident choices.
What are Consumer rights?
List three Consumer rights
What are the Consumer responsibilities?
List three Consumer responsibilities
What is the role of Government to ensure Consumers are protected?
1 answer