Consumer Protection Laws
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In reviewing all of the consumer protections identified, classify the two most harmful to citizens if the protection did not exist. State your rationale with your answer.
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Solution Summary
This solution reviews all of the consumer protections identified, and classifies the two most harmful to citizens if the protection did not exist. It includes rationale. Also has links and APA references.
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The two most important consumer protection laws are the Consumer Product Safety Act and Food, Drug, and Cosmetic Protection Act.
The Consumer Product Safety Act allows the United States Consumer Product Safety Commission the power to set safety standards and enact recalls for products that present unreasonable or substantial risk of injury or death to consumers. While this law excludes items that lie in another federal agencies, it does cover more than 15,000 items, and include safety standards for common items like children's toys, books, lead in paint, cigarette lighters, and bicycles. It serves as a watchdog to prevent ...
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