Name one statutory consumer protection agency - Leaving Cert Home Economics - Question 11 - 2022
Question 11
Name one statutory consumer protection agency.
Outline the role of the statutory agency named.
Worked Solution & Example Answer:Name one statutory consumer protection agency - Leaving Cert Home Economics - Question 11 - 2022
Step 1
Name one statutory consumer protection agency.
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Answer
One statutory consumer protection agency is the Competition and Consumer Protection Commission (CCPC).
Step 2
Outline the role of the statutory agency named.
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Answer
The Competition and Consumer Protection Commission (CCPC) has several important roles:
Enforcement of Consumer Protection Laws: The CCPC enforces a range of consumer protection laws, ensuring that businesses adhere to fair practices and do not exploit consumers.
Providing Information: It provides information and guidance to consumers regarding their rights, helping them understand personal finance, and informing them about product safety regulations.
Combatting Misleading Practices: The agency investigates and addresses misleading marketing practices that could harm consumers.
Public Awareness Campaigns: The CCPC engages in public awareness campaigns to educate consumers about their rights and safe practices in the marketplace.
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