9
QuizMultiple Choice

Financial Planning and Consumer Protection — Test

Question 9 • CMS 2026-2027 Economics and Personal Finance INITIAL CREDIT

What is meant by the "right to redress”?

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

Explanation

The right to redress means consumers can seek a fair remedy when a product or service causes a problem or a dispute arises. This may involve compensation, repair, replacement, or another fair settlement, depending on the situation. Therefore, the best choice is “the consumer has the right to fair settlement of disputes.”

AI-written and checked against the verified answer.

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