Single Answer MCQ
Q-00015554
What role does the government play in consumer protection?
1
Only regulate prices
2
Ensure product availability
3
Establish legal frameworks and enforce regulations
4
Control market competition
Answer and Solution
Answer
C. Establish legal frameworks and enforce regulations
Solution:
The government establishes legal frameworks and enforces regulations to protect consumers from unfair trade practices and to ensure their rights are upheld.
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