All categories

3 years ago

Consumer protection laws are meant to:

2 answers:

8 0

I think it's B, to prevent unfair or deceptive business practices. I'm might be wrong though, so you may wanna just check with someone else. Hope this helps

nlexa [21]3 years ago

6 0

Option B is correct.

Consumer protection laws are meant to prevent unfair or deceptive business practices.

Further Explanation:

Consumer protection law is a law made for consumers. This law protects consumers from the business who are using the wrong means of getting the profit. The consumer can be sued for the wrongdoing done by the business. If the business provides unfit good to the consumer and the consumer, have a physical loss and any amount of money. Consumer protection laws help the consumer.

Justification for the correct and incorrect answer:

Prevent businesses from consumers: This option is incorrect.

Company law has been made to prevent businesses from consumers. This option is not correct as consumer protection laws have been made for consumers' protection.

Prevent unfair or deceptive business practices: This option is correct.

The main purpose of consumer protection laws is to prevent consumers from unfair or deceptive business practices. This is the correct option.

Prevent consumers from spending too much money: This option is incorrect.

There is no law regarding stop consumers from spending too much money. The consumer spends the money according to his income. This statement is incorrect for consumer protection law.

Prevent consumers from buying unnecessary items: This option is incorrect.

The consumer protection law does not take consideration to prevent consumers from buying unnecessary items. This depends on the demands of the consumer.

Learn more:

1. Learn more about consumer influence

brainly.com/question/5906552

2. Learn more about behavior types

brainly.com/question/1193707

3. Learn more about the demand for a product

brainly.com/question/2488917

Answer details:

Grade: Middle School

Subject: Business Law

Chapter: Consumer protection law

Keywords: consumer protection law, meant to prevent unfair or deceptive, business practices, businesses, consumers, spending too much, money, unnecessary items, wrongdoings.

You might be interested in

I am bad as worst and worst as excellent

ArbitrLikvidat [17]

Answer:

try using Googlde like Googdle will help u ndo neefsd to do it hedre

7 0

3 years ago

American expansionism after the 1890s:

lisabon 2012 [21]

Answer:

a. was largely driven by the desire for expanded overseas trade

Explanation:

5 0

3 years ago

Read 2 more answers

The Akron Slugger Company produces various types of wooden baseball bats. It has calculated the average cost per unit of a produ

Naddika [18.5K]

Answer:

$\arge\boxed{\large\boxed{\$ 117,788}}$

Explanation:

Assume the cost equation to be:

$Cost(x)=Fixed\text{ }costs+Variable\text{ }costs\\\\Cost(x)=A+Bx$

Where $x$ is the number of units (wooden baseball bats) produced.

The average cost per unit of production level is the total cost divided by the number of units produced:

$Average\text{ }cost(x)=Cost(x)/x\\\\Average\text{ }cost(x)=(A+Bx)/x\\$

You are given that the average cost per unit of a production level of 7,700 bats is $14, then:

$14=(A+7,700B)/7,700$

You are also given that the fixed costs are $22,500, thus A = 22,500. Hence, you can substitute the value of A in the previous equation and find B:

$14=(22,500+7,700B)/7,700\\\\14\times 7,700=22,500+7,700B\\\\107,800-22,500=7,700B\\\\85,300/7,700=B\\\\B=11.08$

Now you can complete the cost equation:

$Cost(x)=\$ 22,500+11.08x$

And to predict the total costs for 8,600 bats you must subsitute x with 8,600 in the previous equation:

$Cost(8,600)=\$ 22,500+11.08(8,600)=\$ 117,788$

5 0

3 years ago

If the beginning Cash account balance of Moonbeam, Inc. was $40,000, the ending balance was $67,200, and the total cash paid out

lara [203]

Answer:

Cash Received during the period = $155200

Explanation:

The amount of receipts or cash received during the period can be calculated using the following formula.

Cash Received = Closing Balance + Cash Disbursements - Opening Balance

Cash Received = 67200 + 128000 - 40000

Cash Received = $155200

So, the cash receipts during the period are $155200.

7 0

3 years ago

Suppose you want to quickly perform a customer marketing survey, while allowing some measure of anonymity and keeping costs as l

zepelin [54]

Suppose you want to quickly perform a customer marketing survey, while allowing some measure of anonymity and keeping costs as low as possible. D. Telephone of survey would be a good choice for this purpose

8 0

3 years ago

Read 2 more answers