5
QuizMultiple Choice

Consumer Rights

Question 5 • ****Spring 2026 Financial Math - MA2007 MQS21QXV

What is meant by the “right to redress”?

Answer
A
The consumer has the right to repeat any transaction.
B
The consumer has the right to replacement of damaged goods.
C
The consumer has the right to hear back from businesses that they contact.
D
The consumer has the right to fair settlement of disputes.

Explanation

The right to redress means consumers are entitled to a fair remedy when they have a problem with a product or service. This can include a fair settlement of a dispute, such as compensation or another appropriate remedy. Therefore, the correct choice is “the consumer has the right to fair settlement of disputes.”

AI-written and checked against the verified answer.

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