An example of a consumer protection agency is the

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An example of a consumer protection agency is the

  • A) Nigerian Bar Association
  • B) Nigerian Medical Association
  • C) Federal Environmental Protection Agency
  • D) Manufacturers Association of Nigeria

Correct Answer: C) Federal Environmental Protection Agency

Explanation

This question is asking you to identify an example of a consumer protection agency. A consumer protection agency is an organization or government body that works to protect consumers from unfair business practices. The options provided are the Nigerian Bar Association, Nigerian Medical Association, Federal Environmental Protection Agency, and Manufacturers Association of Nigeria.

Out of all the options provided, the correct answer is option C - Federal Environmental Protection Agency. This agency is responsible for protecting the environment and the health of the citizens of Nigeria. One of the ways they do this is by ensuring that businesses comply with environmental regulations that protect the health and safety of consumers.

The Nigerian Bar Association and Nigerian Medical Association are professional associations for lawyers and medical professionals respectively, and do not primarily focus on consumer protection. The Manufacturers Association of Nigeria is a trade group that represents the interests of manufacturers, and not necessarily those of consumers.

It's important to note that consumer protection agencies exist to ensure that businesses treat consumers fairly and do not take advantage of them. These agencies play an essential role in ensuring that consumers are protected from fraudulent or harmful business practices.

To learn more about consumer protection agencies and their role in protecting consumers, please see the relevant sections of your Commerce textbook.

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