Consumer protection laws are based on:
A) the concept that consumers do not always know what is good for them.
B) the notion that consumers will benefit from being protected at no cost.
C) the belief that consumers have sufficient information to make decisions.
D) the idea that competitive markets always provide safe products.

Question

Quizplus · Accepted Answer

Consumer protection laws are grounded in the idea that consumers may not always have enough information or ability to make an informed decision, and may need protection from unethical or unfair business practices.

Consumer Protection Laws Are Based On