The primary objective of consumer protection laws is to ensure that?
Answer Details
The primary objective of consumer protection laws is to ensure that consumers derive maximum satisfaction from goods and services. Consumer protection laws are designed to prevent businesses from engaging in unethical practices that could harm or deceive consumers. These laws are put in place to protect consumers' rights to safety, choice, information, and redress. They ensure that consumers have access to accurate information about the products they buy, as well as a mechanism for addressing complaints and grievances. Ultimately, the goal of consumer protection laws is to create a fair and competitive marketplace that benefits both consumers and businesses.