Question

1. a governmental regulation; a mandate which is instituted to safeguard the purchaser monopoly 2. amount of money the Fed needs to have as a balance reserve requirements 3. Fed reserve-set interest rate to determine the amount needed to pay back the loan. discount rate 4. a government investment in businesses, guaranteeing repayment consumer protection law 5. one company or even a small group of cooperating companies has control of the supply of a product government securities

Answer 1

Answer:

The correct answer is Consumer protection laws.

Explanation:

Consumer protection laws are state, federal and local laws that protect consumers. A consumer is someone who buys products or services for personal or domestic use. Consumer protection laws do not apply to goods or services purchased for commercial purposes.

Consumer laws protect consumers against defective goods or services. They also protect consumers from unfair business practices and false or false advertising. Consumer protection laws alert consumers to fraud and scams in certain industries. They also offer protection and compensation to consumers who are victims of these scams.