Identify and Briefly Explain the Four Rights of Consumers Articulated

question 79

Essay

Identify and briefly explain the four rights of consumers articulated by President John F.Kennedy in 1962.

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Definitions:

President

The elected head of a republican state or country.

Treasury Bills

Short-term government securities with maturities of one year or less, sold at a discount from their face value.

Market Rate

The prevailing interest rate available in the marketplace for loans or investments, often used as a reference for setting the rates on loans.

Government Securities

Financial instruments issued by the government to finance its expenditures, offering a return in the form of interest payments to investors.