Consumer protection legislation may be instituted as a result of which of the following business activities:

Question

Quizplus · Accepted Answer

The technological complexity of goods and increase in the granting of consumer credit together may result in consumer protection legislation. This is because the more complex the goods and the more credit that is being granted to consumers, the more vulnerable they become to potential fraud, deceptive practices or faulty products. Therefore, consumer protection legislation may be introduced to safeguard consumers in such situations. Options A, B and C are not effective to fully answer the question. Option E contains all the options, but not specifically aligned with the question.

Consumer Protection Legislation May Be Instituted as a Result of Which