Question

6) Which statement best explains how a consumer can seek remedy from untrustworthy financial practices?

A) Consumers should assume that businesses are trustworthy and will rectify any errors or mistakes made.

B) Consumers should avoid contacting the other party multiple times in order to avoid creating a contentious atmosphere.

C) Consumers should have their situation publicized by reporting it to the local television station.

D) Consumers should be sure to file a dispute with the proper authorities and work with an advocate.

Answer 1

Answer: D) CONSUMERS SHOULD BE SURE TO FILE A DISPUTE WITH THE PROPER AUTHORITIES AND WORK WITH AN ADVOCATE.

Explanation: For a person who is affected by any malafide intentions of any business can simply file any dispute, with The FTC'S BUREAU OF CONSUMER PROTECTION which stops unfair, deceptive, and fraudulent business practices.

Consumer rights laws exist at the federal and state level. By strictly following the listed guidelines, anyone suffering from any harm can compete with any business that did wrong to the consumer.