The Correct Answer is A, because consumer protection laws might result in <u>fewer unwanted telemarketing calls</u>
Consumer protection laws are regulations made by the government. they are laws that exist at the federal and state level. One of the many government organizations that are saddled with the responsibility of promoting consumer protection is the federal trade commission (FTC) and the better business bureau. The federal trade commission was established in 1914.
<h2>Further Explanation</h2>
There are different functions of these organization, which include
- To check and prevent anti-competitive practices that are not fair to the consumer
- To promote and enlightened the public understanding involving the competitive process
- To achieve these goals without overburdening the lawful business activity
These laws are put in place to check or prevent businesses that involve fraudulent activities from taking advantage of other business competitors. The laws are also created to offer support for the defenseless people in society.
To enforce these laws, the government may ask a business to divulge information about their product and services. A food company may be required to disclose information concerning its product if the public is at stake.
These laws are associated with consumer right ideas, as it gives consumers the liberty to make better choices in the market.
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KEYWORDS:
- consumer protection laws
- information
- government
- regulations
- market
- competitor
