Consumer protection

Commerce SSS3 First Term


Consumer protection

Performance Objectives

The student should be able to:

        1. Define consumer protection.

        2. State the needs/reasons for consumer protection.

        3. List the instrument/agencies for consumer protection.  


Definition of Consumer Protection

Consumer protection can be defined as the various ways and methods adopted by the government and private organizations to ensure that consumers are not cheated or exploited by the producers and middlemen and that they derive maximum satisfaction from the consumption of goods and services they pay for.  

Reasons for Consumer Protection

1. Substandard goods or low-quality goods: Consumers are to be.... View More

Subscribe now to gain full access to this lesson note

Take Me There

Click here to gain access to the full notes.