When Poorly Designed Goods or Services Affect Consumers Adversely,consumers Have

question 77

Multiple Choice

When poorly designed goods or services affect consumers adversely,consumers have legal recourse ______.

• A)by going on strike
• B)by filing a lawsuit
• C)by writing to the World Trade Organization
• D)by writing to the United Nations

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Definitions:

Overdraft Fees

Charges applied by financial institutions when spending exceeds the amount available in a checking account.

Service Charge Income

Revenue earned by banks or businesses for providing specific services to their clients or customers.

Money Supply

The aggregate sum of funds within an economy, encompassing cash, coins, and the amounts contained in checking and savings accounts.

Deposits On Reserve

Funds that banks must hold in reserve and not lend out, as required by central banking regulations.