Consumer rights are the basic set of laws and regulations designed to protect the interests of consumers while engaging in various commercial activities in the market. These rights protect the consumers against fraudulent activities, unfair trade practices, and exploitation by businesses. The fundamental rights of consumers include the right to safety, the right to be informed, the right to choose, the right to be heard, and the right to redress. Consumers have the right to demand quality products or services at reasonable prices, receive accurate information about the products or services they purchase, and access legal remedies if the need arises. These rights have been put in place to ensure that consumers can engage in fair and ethical commercial practices without the fear of being exploited.
This mind map was published on 29 April 2023 and has been viewed 135 times.