Economics B A-Level
Consumer protection legislation and standards
What Consumer protection legislation and standards means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Consumer protection legislation and standards
Check what you remember
Read the wording for your board, then hide it and explain Consumer protection legislation and standards in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Legislation and mandatory standards set minimum safety, quality or labelling requirements, and include rules such as cooling-off periods and bans on misleading practices.
Topics that use Consumer protection legislation and standards
- Business regulation (Pearson Edexcel A-Level)
Related terms
- Asymmetric information and market failure
- Consumer protection
- Franchising
- Market power
- Mergers and takeovers
- Natural monopoly
- Anti-competitive practices
- Business costs
Using Consumer protection legislation and standards in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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