Consumer Protection

The protection or promotion of the interests of consumers

• Consumer Affairs

• Consumer promotion

• Consumerism

• Consumption

The term Caveat emptor means:

• Let the seller beware

• Let the buyer beware

• Let the consumer be careful

• All things being equal

The term Caveat venditor means:

• Let the seller beware

• Let the buyer beware

• Let the consumer be careful

• All things being equal

In Trinidad and Tobago the arm of the government that safeguards the economic interests of consumers is:

• The Ombudsman

• The Trade Commission

• The Federal Trade Commission

• Consumer Affairs Division

Which of the following in NOT one of the 3 main areas in which The Consumer Affairs Division protects consumers:

• Providing Consumer Redress/Protection

• Providing Consumer Research

• Providing Consumer Financing

• Providing Consumer Education

Which of the following is NOT a right of the consumer?

• The right to be heard

• To right to negotiate the price

• The right to information

• The right to redress

An avenue for victims of injustice from government agencies or public utilities

• The Consumer Affairs Division

• The Bureau of Standards

• The Ombudsman

• The Ministry of Public Utilities

This institution monitors quality of products and ensures the accuracy of weights and measures

• The Consumer Affairs Division

• The Bureau of Standards

• The Ombudsman

• The Ministry of Public Utilities

A form of protection for intellectual property for inventions that exclude others from making or selling their protected product

• A Copyright

• A Trademark

• A Patent

• A Watermark

An agreement where the buyer obtains the good, but the seller retains ownership until full price is paid by the buyer:

• Layaway

• A Sou Sou

• Hire Purchase

• Nothing Down for 30 days