Final answer:
According to Reg V, consumers have 5 rights: the right to safety, the right to be informed, the right to choose freely, the right to be heard, and the right to redress.
Step-by-step explanation:
According to Reg V, consumers have 5 rights. These include:
- The right to safety: Consumers have the right to purchase products that are safe and free from any potential harm or danger.
- The right to be informed: Consumers have the right to accurate and complete information about the products they purchase, including details about ingredients, potential risks, and any warranties or guarantees.
- The right to choose freely: Consumers have the right to choose from a variety of products and services, without any undue pressure or influence from the sellers.
- The right to be heard: Consumers have the right to voice their opinions and concerns about products or services, and to have those concerns addressed by the sellers.
- The right to redress: Consumers have the right to seek compensation or remedies if they have been harmed by a product or service.