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Ch 26: Consumer Protection

About This Chapter

Check out this collection of business lessons to study consumer protection concepts. These mobile-friendly resources offer you a quick way to study for upcoming exams, get ahead in class, reinforce your business knowledge and finish class assignments.

Consumer Protection - Chapter Summary

In this small business chapter, our expert instructors break down important consumer protection considerations, laws, regulations and restrictions. You'll examine various types of consumer rights and take a look at the government agencies that work to protect consumers. You'll also define concepts and laws such as product liability and antitrust laws.

You can make sure you fully understand these consumer protection concepts by taking the practice quiz that follows each lesson, and for your convenience, you can study these lessons at any time that fits your schedule. These lessons can help you:

  • Evaluate the five major consumer rights that were introduced by President Kennedy, including safety, choice, voice, information and redress
  • Differentiate between several government regulation agencies that protect consumers
  • Explain three theories pertaining to product liability
  • Outline different types of antitrust laws and what they're used for
  • Assess the effects that compliance and regulatory restrictions have on businesses

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