Consumer protection laws encourage sellers to be honest about the kind of product they are selling. This means that penalties must be harsh enough to deter sellers from falsely advertising a low-quality good as a high-quality good.
A seller who falsely advertised a low-quality product as high-quality was faced with the prospect of a return, in which case they would gain nothing from the transaction and would also have to pay a small fee. Here's a summary of the transactions that occurred in this variation:
http://img7.imageshack.us/img7/4026/photo0057d.jpg
1) Was this mechanism enough to ensure that sellers didn't make false claims about their products?
A. Yes
B. No
2) If you were a buyer in this round, would you believe sellers when they advertised their products as high quality?
A. Yes
B. No
3) By the final rounds of this variation, what quality of MP3 players were being traded?
A. All high quality
B. All low quality
C. A mix of high and low quality
Questions about the Consumer protection laws?
2009-07-01 2:36 pm
回答 (2)
2009-07-03 3:57 am
✔ 最佳答案
That is their nominal goal. Their effect is often to cause sellers to find other ways of deceiving consumers. Surely you've seen the ads claiming "no trans-fats" for a product that is 100% sugar?As for claiming that your product is wonderful, the U.S. Supreme Court has ruled that it is not fraud to do so. You can't say you get more gas mileage than you do, that your product is more effective than product X, that your product is healthy; etc. but you are allowed to say my product is great.
As for this particular question, it has nothing to do with consumer protection laws. Most reputable stores have a return policy.
Furthermore, what is your metric for quality? Since the chart shows no returns at all, I see no objective measure you could apply.
Have you ever checked the reviews on the various sites of various electronic products? There is almost always a wide range, which means even a product that most people regard as being of high quality will have some people rating it as low quality.
All in all, a terrible question.
2016-12-15 11:50 pm
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